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FHA Insurance

FHA Insurance Getting a mortgage that is backed by the Federal Housing administrative can be a great deal. Down payments run as low as three and a half percent compared to maybe 20 percent in a conventional mortgage. So rates are lower too. You know the bank knows that FHA will cover its losses if […]

Contingency with Kick Out

  A full scale contingency is one type of contingency clause frequently included in a real estate contract or an offer to purchase real estate with a wholesale contingency in place. The transaction is either dependent or contingent upon the sale of the buyer’s home. If the buyer’s home sells by a specified date the […]