Quote:
Originally Posted by KRM0614
Why ? Can anyone ever give a complete answer ?
Are you a Florida realtor ?
Why not FHA too much transparency ?
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It's pretty simple. If you accept an offer with a loan contingency, you need to take the house off of the market while the loan is being processed and approved. FHA loans take longer to approve and they are more likely to be rejected by the lender than a conventional loan. So, sellers are more receptive to an offer that does not have an FHA loan contingency.