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Karl Bascos/Nickie Bascos
RC Realty of San Diego
8250-B Mira Mesa Blvd
San Diego, CA 92126
Work: 858-566-6160 Cell: 858-602-6025
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Considering a SHORT SALE???
Click HERE to find out if you qualify
and receive the $3,000.00 HAFA
moving expenses as well.
Foreclosure List
Click HERE for a list of foreclosures
in San Diego!!
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FHA has raised the ROOF!
What does that mean?
- Your Purchasing Power has been increased!
- Lower Down Payments from 10% to 3%!
- Lower Monthly Payments!
- Easier Underwriting!
- Higher Loan Limits!
February 13, 2007 the President signed the Economic Stimulus Package.
The FHA (Federal Housing Administration) is raising loan limits as high as $729,750, in some areas. Larger loans will now be eligible to be purchased by Fannie Mae and Freddie Mac or insured by the Federal Housing Administration. This means interest rates on many mortgages will go down, your purchasing power is going up.
FHA loans have much lower down payment requirements as low as 3% down will get you into your new home.
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