Buying a Foreclosure with an FHA Loan n Today's Market
Автор: Eric Jeanette - Your Mortgage Mentor
Загружено: 2026-01-25
Просмотров: 82
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Buying a foreclosure can be one of the best ways to get a home below market value, but many buyers don’t realize you can use an FHA loan to buy a foreclosure — if you know the rules 🏠💰
In this video, I break down how to buy a foreclosure with an FHA loan, including which types of foreclosures qualify, FHA condition requirements, common deal-killers, and the biggest mistakes buyers make when trying to use FHA on distressed properties.
You’ll learn:
✅ What types of foreclosures FHA allows
✅ HUD homes vs bank-owned foreclosures
✅ FHA property condition rules
✅ Repair issues that can kill an FHA loan
✅ When FHA 203(k) makes sense
✅ How to compete with cash buyers
✅ Step-by-step FHA foreclosure buying process
If you’re a first-time home buyer, investor-curious, or trying to buy a home with low down payment, this video will save you time, money, and frustration.
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Timestamps:
0:00 - Introduction
0:30 - What is a foreclosure
1:06 - Can you use an FHA loan?
1:25 - Types of foreclosed homes
5:26 - Property conditions
6:10 - FHA 203k Rehab Loan
9:10 - Competing against cash buyers
9:45 - Can you get a steal?
10:47 - Recap
#FHALoan
#ForeclosureHomes
#HUDHomes
#FirstTimeHomeBuyer
#HomeBuyingTips
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