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What Is a Below Market Value Lead?

To put it simply, a BMV, or below market value property is a property owned by a distressed seller. A distressed seller is a homeowner who, in support of whatever wisdom, has fallen behind on their mortgage payments and is imminently looking at repossession.

What You Need to Know About a Short Sale

When the owner can’t afford to keep paying the mortgage there is a the possibility of a short sale. The home will be sold at a much smaller price

Real Estate Appraising Secrets - FHA’s Lending Programs

There are generally five programs that FHA offers. These include the 203(b) Mortgage Insurance Program, 203(b) for disaster victims, 255 Home Equity Conversion (HECM), 203(k) Rehab program and 220(d)(3)(a) Urban Renewal program.

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