Feeling Shunned If You’re an FHA Buyer?

It seems that the current real estate market is pushing away our FHA buyers. Right now, it’s tough to get first time buyers into homes as the inventory levels are getting progressively lower (while prices in this category are rising). Property Survey Vs Appraisal As a result of these decreased inventory levels, we are observing more multiple offer bidding scenarios. Investors are snatching up a large portion of the low-end homes with all-cash offers or putting lots of money down.
This is the harsh reality of what FHA buyers are up against, no matter how diligent the Realtor® or client proves to be. But how can we fix this? The best advice I can give to hopeful first time buyers is to transition out of FHA, get qualified for conventional financing, keep on saving, and keep a close eye on the local real estate market. Continue to expand your knowledge of real estate- get to know the process of buying, what is required of you as a homebuyer, all costs involved, and how the current Real Estate Investment Indonesia real estate market is shaping out. There are TONS of resources out there to give you the information that you’re looking for. You’ve just got to be proactive and find it! Be sure to assemble a strong team of people to help you out along the way- a mortgage lender for your finances, a lawyer for legal advice, and a market-savvy Realtor that can guide you through the process. And most importantly, don’t be discouraged if you don’t get the home you’re looking for on the first try. It’s not ‘s the market!

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