Hope your having a good morning!
There's another huge change coming from FHA at the end of April...
The max seller help contribution towards the buyers closing costs is now capped at 6% of a sales price on an FHA loan.
In April - this max seller help contribution is getting cut to a max of 3% of the sales price.
This is going to have a big impact on buying and selling houses below the $271,050 FHA loan limit.
...be looking for an exciting announcement from our office on this subject in the next couple of weeks!
I hope you have a good day today. Thanks for reading!
Brett
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