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by yucky
1265 days ago
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See above, and try it yourself. On a $150k house a first time buyer can use FHA to put 3% down, and if FHA approved the sale then by definition it is not a fixer upper. That means a first time buyer can get into a $150k house with FHA for $4,500 down and $1,300/month (which includes property tax and home insurance). This means someone making $25/hour can afford to buy one of these homes, right now, today. |
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