Why Would a Seller Not Want or Accept an FHA Loan Offer?

Why Would a Seller Not Want or Accept an FHA Loan Offer?

By Brandon Cornett | © 2019, all liberties reserved | Duplication prohibited

This really is section of a continuing show where we response frequently asked questions regarding FHA loans. Today’s question originates from Tammy in Tennessee, who’d issues about using this home loan when purchasing a house.

She asks: “Why would a vendor not need or accept an FHA loan whenever an offer is created from the home? Are there any disadvantages that are legitimate the vendor with this particular home loan system? ”

The answer that is short It is a fact that some vendors are cautious with accepting provides from your home purchasers utilizing FHA loans. (more…)