Lefora Free Forum
61 views

What if I Sell My Home after I Close The New Loan?

Categories > FAQ
Page 1
posts 1–2 of 2
sbl1958
novice - founder
40 posts
+0 permalink

FHA has stipulated that if you sell your home any time after you get a new FHA "Hope for Homeowners Program" within 5 years from the date of closing, you will have to allow your previous lender to participate in any equity gain. The actual equity participation is a percentage based on the actual time you sell your home. More information to come....

Benefit from this incredable FHA program!

Best Regards,

Steve Linnin

http://www.linnin.info

__________________
Be sure to visit: www.hopeforhomeownersprogram.org www.7500taxcredit.net Get a $7,500 tax credit for purchasing a home. 1st Time Buyer Program.
reply
quote
05th August 2008 04:50 a.m.
aquicknote
novice - member
18 posts
+0 permalink

Steve,
Seems only fair since FHA is spread so thin to assist so many that need it. I'm thankful that the wheels will be turning again...either way.

__________________
"A Quick Note" Mobile Notary and Document Delivery www.aquicknote.net ...Let us notarize that loan modification
reply
quote
05th August 2008 07:33 a.m.
Categories > FAQ
Page 1
posts 1–2 of 2

This Topic Is Locked To Guest Posts

It's been a while since this topic was active, if you'd like to get it going again, please post as a registered member

join now