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Credit building also has an important function. For example, if you’re disabled and recently unemployed, you could qualify for partial payments below the Home Affordable Unemployment Program. Besides looking at comps in the region and the status of the house, you may also base your offer on the amount of time the HUD home has been on the marketplace.
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Buying with cash is, clearly, the quickest and most affordable option. They should be aware that home warranties exist, and if they want to buy one, make sure they include one in the general cost of owning a home. It is just the beginning.
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