NATION’S HOUSING: Seller concession rules for FHA mortgages to be changed – latimes.com

By
Real Estate Agent with The Carrabba Group/Keller Williams BRE# 01708376

 

I thought this article was very interesting for all you FHA buyers in Los Angeles. According to a recent article in the LA Times, the credit that a seller can credit to a buyer will be changed from 6% to 3%.

http://www.latimes.com/business/la-fi-harney-20100530,0,463085.story

 

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