Two offers. One was cash. One was full price with an FHA loan from a first-time homebuyer. Sounds easy, right? Not even close. Here’s the twist. The sellers bought this house only about a year ago, so they haven’t owned it long enough for it to appreciate much. That means they’re already bringing money to the closing table. So naturally, the higher offer means they bring less money out of pocket. They decided to take the FHA first-time buyer offer because it was full price. The cash buyer lost.

FHA Rehab Loan vs. Conventional Rehab Loan: Which One Is Better?#FHA203 #firsttimehomebuyer

What is an FHA Loan

Black history, housing discrimination, FHA loans, the GI Bill, and American history reveal how government housing policies shaped wealth in the United States. This video explores the history of public housing, federally backed mortgages, and why many Black families were excluded from opportunities that helped build the modern middle class. During the 1930s, 1940s, and 1950s, programs such as the FHA, VA loans, and later the GI Bill helped millions of Americans buy homes and build generational we