There are so many great short sale DEALS out there now. If you are willing to help your kids purchase their first home, going FHA is the way! FHA loans allow non occupying co-borrowers as long as they are directly related to the primary borrower. What makes this unique is the primary borrower doesn't need to meet any debt to income qualifying ratio. They don't even need to have an income stream or job. Interesting statistics...In 2009 24% of single women were 1st time home buyers and 12% were single men. 2/3rds of first time buyers were less than 34 years old. FHA is an incredible program and you only have to put 3.5% down.
Click here for Short Sale listings that will be OPEN this weekend from 1-4pm.