that works

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that works
Posted by DianeCipa of AK on 8/29/08 3:33pm	Msg #262617

A family member is permitted to give a gift of equity. So they sell the land and a portion of the value is credited as a gift on the HUD. It is all above board and perfectly acceptable to the FHA.

Messages in this Thread
	FHA loans - MW/VA on 8/29/08 7:20am
	Re: FHA loans - LisaWI on 8/29/08 8:30am
	Re: FHA loans - MW/VA on 8/29/08 8:33am
	Marilyn, sent you a p/m... n/m - Linda_H/FL on 8/29/08 8:35am
	Re: FHA loans-Check your PM. n/m - LisaWI on 8/29/08 8:37am
	Re: FHA loans-Check your PM. - MW/VA on 8/29/08 8:38am
	Re: FHA loans - Leslie_Mo on 8/29/08 8:48am
	The new guidelines go into effect Oct. 1, 2008 - NCLisa on 8/29/08 8:45am
	The new guidelines go into effect Oct. 1, 2008 - NCLisa on 8/29/08 8:45am
	Don't lose heart. - DianeCipa on 8/29/08 10:10am
	Re: Don't lose heart. - NCLisa on 8/29/08 10:29am
	There are no grey areas on a HUD. - DianeCipa on 8/29/08 12:44pm
	Re: There are no grey areas on a HUD. - NCLisa on 8/29/08 1:59pm
	That would suprise my folks in Asheville. - Philip Johnson on 8/29/08 2:36pm
	Re: That would suprise my folks in Asheville. - jba/fl on 8/29/08 3:02pm
	All is a big word - Philip Johnson on 8/29/08 3:13pm
	Re: All is a big word - Yes it is - jba/fl on 8/29/08 3:41pm
	Cutting old growth timber in King county,certainly - Philip Johnson on 8/29/08 3:57pm
	that works - DianeCipa on 8/29/08 3:33pm
	There are almosts always - DianeCipa on 8/29/08 3:36pm
	New FHA rules - MikeC/NY on 8/29/08 9:07pm
	Re: New FHA rules - DianeCipa on 8/30/08 10:14am
	Re: New FHA rules - MikeC/NY on 8/30/08 10:44pm

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