2006-06-20 18:34:24 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Yes, for a couple of reasons.
FHA has certain requirements regarding the condition of the home, so that helps assure you that what you're getting at least passes minimum standards.
The interest rate is good, as a government agency sort of guarantees it.
When buying your first home, the paperwork can seem overwhelming. Nonetheless, it is worth your time and effort to get a copy of everything before you sign it, read it carefully, and if you don't understand it, ask your agent or escrow officer. It's a big commitment, and one worth considering carefully. It's also a good commitment.
Congratulations in advance on purchasing your new home, and best wishes and happiness in it for you and your family.
2006-06-20 18:41:47 · answer #1 · answered by Thinker 5 · 3⤊ 0⤋
It might be. That would be a broad blanketing statement. There are so many loan programs out there. Would it be good, it should be. There are also rural housing loans, VA, loans, many states have first time incentives. Do your homework. If you are looking in Wisconsin, Minnesota, or Florida I can help you explore your options.
2006-06-21 05:06:16 · answer #2 · answered by unclejesse1 3 · 0⤊ 0⤋
i think it is the loan i had got on my home, its easier to get than conventional loans
2006-06-20 18:39:22 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I would believe so.
2006-06-20 18:38:27 · answer #4 · answered by TANYA R 1 · 0⤊ 0⤋
YES...
2006-06-20 23:58:18 · answer #5 · answered by Anonymous · 0⤊ 0⤋