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Northeast Oklahoma Rural Real Estate News

News, Information and Tips for buyers and sellers of rural properties in Northeast Oklahoma.

How to buy a home that needs improvements

Note that this information is outdated.

FHA's Streamlined 203(k) program permits homebuyers to finance up to an additional $35,000 into their mortgage to improve or upgrade their home before move-in. With this new product, homebuyers can quickly and easily tap into cash to pay for property repairs or improvements, such as those identified by a home inspector or FHA appraiser.

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Published Tuesday, December 11, 2007 2:06 PM by Don Hodges
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