I just wrote a new post over at Rain City Guide: A Sellers Guide to FHA. I invite you to check it out.
Did you know that FHA appraisals are much easier (more like a traditional Fannie Mae appraisal)?
How about that the FHA borrower non-allowable costs that are typically paid for by the seller have been reduced significantly to just the Tax Service Fee? We're talking approx. $500 in fees to about $80.
With less alt-a options and subprime melting away, FHA is something you don't want your Sellers to rule out as possible sources of financing for potential buyers.
Do you have questions regarding FHA financing? Contact me. Mortgage Master Service Corporation has been providing FHA mortgages to families in the Pacific Northwest for over 30 years.