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Why Sellers May NOT want Your FHA Loan | FHA Loans | FHA Disadvantages| FHA AMENDATORY CLAUSE

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Wise Phenomenal
Wise Phenomenal
25 Aug 2021

#FHA #FHALOANS
Why Sellers May NOT want Your FHA Loan | FHA Loans | FHA Disadvantages

✅✅✅✅ Please Note Realtors MUST present ALL Offers to Seller regardless of the finance type!✅✅✅✅

🏠Ribbon Program: https://www.ribbonhome.com/

⭐FHA AMENDATORY CLAUSE⭐
"It is expressly agreed that notwithstanding any other provisions of this contract, the purchaser shall not be obligated to complete the purchase of the property described herein or to incur any penalty by forfeiture of earnest money deposits or otherwise unless the purchaser has been given in accordance with HUD/FHA or VA requirements a written statement issued by the Federal Housing Commissioner, Department of Veterans Affairs, or a Direct Endorsement Lender, setting forth the appraised value of the property of not less than $ _________. The purchaser shall have the privilege and option of proceeding with consummation of the contract without regard to the amount of the appraised valuation. The appraised valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure. HUD does not warrant the value or the condition of the property. The purchaser should satisfy himself/herself that the price and condition of the property are acceptable. Source: Department of Housing and Urban Development."


Ready to Buy a House & You Don't Know Where to Start? Start Here! My Free Download: https://bit.ly/3k8xFF0

Ready to Buy Your First House? Watch these videos:
⭐8 Steps to Buy a House - https://youtu.be/fgUkwjA12V4
⭐ Where Should You Start? - https://youtu.be/0IOl5pAC_Gk
⭐ What is Included in your Mortgage Payment: https://youtu.be/P_JC8b6wKMU
⭐New Construction - https://youtu.be/QoCctKxuJxA
⭐FHA Explained - https://youtu.be/JQanmdwQwYg
⭐Student Loans - https://youtu.be/k81B3ucqUwE
⭐How to get a good credit score -https://youtu.be/qwm570RVeM8
⭐Can you afford a house: DTI Ratio - https://youtu.be/S3glBuf2fRw
⭐What happens at closing -https://youtu.be/heCUdtcGMls
⭐NACA Home Buying Program -https://youtu.be/HLLluwaAfrQ
⭐Should I Rent or Buy? - https://youtu.be/NPgOyRZKfmU
⭐ Get Your Real Estate License Online- https://youtu.be/kHen6QrArwg

⭐Join My First Time Buyers Facebook Group⭐
https://www.facebook.com/group....s/HillsFirstTimeBuye

If you live in or are moving to Georgia or have a Referral please contact my team:
👉Contact me to schedule your buyer or seller consultation
https://calendly.com/shaheedah....hillrealestate/newco
👉Email me: TheHillTeamAtl@gmail.com

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