http://dothanhomesearch.com/2007/08/20/featured-home-107-brittany-drive/ Just another realestatetomato.net weblog Tue, 06 Jan 2009 13:25:58 +0000 http://wordpress.org/ http://dothanhomesearch.com/2007/08/20/featured-home-107-brittany-drive/#comment-61 Special Financing Offered by Home Builders Thu, 18 Oct 2007 14:35:33 +0000 http://www.dothanhomesearch.com/2007/08/20/featured-home-107-brittany-drive/#comment-61 [...] When a home buyer is using FHA financing, rules state that the seller is allowed to contribute up to 6% of the sale price toward costs associated with the sale, including closing costs, prepaid items, etc. These special financing options take advantage of this rule and use this money to buy down the purchaser’s interest rate for the first two years of their loan. Here is an example of how this might work on one of my new construction listings, 107 Brittany Drive in Dothan. [...] [...] When a home buyer is using FHA financing, rules state that the seller is allowed to contribute up to 6% of the sale price toward costs associated with the sale, including closing costs, prepaid items, etc. These special financing options take advantage of this rule and use this money to buy down the purchaser’s interest rate for the first two years of their loan. Here is an example of how this might work on one of my new construction listings, 107 Brittany Drive in Dothan. [...]

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