HUDs government-insured mortgages: The problem of property flipping
Publisher: For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office
Written in English
The Physical Object | |
---|---|
Number of Pages | 316 |
ID Numbers | |
Open Library | OL7379462M |
ISBN 10 | 016061144X |
ISBN 10 | 9780160611445 |
OCLC/WorldCa | 45286809 |
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HUDs government-insured mortgages: The problem of property flipping by United States Download PDF EPUB FB2
HUD's government-insured mortgages: the problem of property "flipping": hearings before the Permanent Subcommittee on Investigations of the Committee on Governmental Affairs, United States Senate, One Hundred Sixth Congress, second session, June 29 Terms were difficult to meet for homebuyers seeking mortgages.
Mortgage loan terms were limited to 50 percent of the property's market value, with a repayment schedule spread over three to five years and ending with a balloon payment.
America was primarily a nation of. The property must be a primary residence or rented out to personal friends of the applicant. On a primary residence or single-unit rental property, the mortgage loan amount must equal $, or less. On a 2-unit rental property, the home financing amount must be $, or less.
O Scribd é o maior site social de leitura e publicação do mundo. CE for Florida RE Prof, 12e_Full Book - Free ebook download as PDF File .pdf), Text File .txt) or read book online for free. Just how many mortgages are originated each year that are used to fund either a vacation home or an investment property is unclear.
Estimates range from 5 percent to 20 percent. NAR ofcialswho always like to put a positive spin on the numberspoint out that the typical vacation home buyer is 55 years old with an annual income of $71, which.