Posts Tagged: HUD

Is your buyer using a FHA mortgage loan? FHA loans are very common.  They are also feared by sellers.  Because they are common and concerning to homeowners, I thought a blog article on this would be helpful. Chances are your buyer will use this type of mortgage if your home sells for less than $500,000.  The median sales price is $485,000 in Bergen County.  This means half of the homes sold so…