Just to add -- we sold our house in NC to a couple getting a 97% FHA loan. Thinking it would take awhile, we set the closing date as being towards the end of May. Everything fell in place and we actually closed 4/12 and had to get out about a month earlier than we anticipated! It was hectic but in this market, when they say close, you CLOSE! We found ourselves homeless for 2 weeks but it as a GOOD homeless!
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