203k Benefits to Sellers
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■Market property to more buyers
■Allow buyers the opportunity to renovate/upgrade/improve to suit their tastes and preferences
■No need to settle for low-ball cash offers
■Current condition of property not required to meet FHA’s property standards
■Buyer is permitted to correct any property deficiencies after close of escrow
■No more inspection concerns
■Absolutely no repairs are required prior to close of escrow
■Seller not responsible for cost of repairs/improvements
■Transaction will close with property in “AS-IS condition
■Closing occurs in 45 days