FHA has also developed a “Claim Without Conveyance of Title” program to encourage servicers to sell REO without conveying the foreclosure properties to FHA asset managers. This CWCOT program is designed to reduce FHA’s carrying costs of managing and marketing the REO properties.
The FHA CWCOT 2nd Chance Program Benefits:
No Buyer's Premium
Earnest money deposit: $2500 or 5%, whichever is greater
Properties purchased AS IS- WHERE IS, with ALL FAULTS AND LIMITATION
Seller to pay delinquent taxes and HOA dues
Buyer responsible for all closing costs
Special Warranty Deed Available (Buyer Expense)
Licensed Agents can purchase property and receive commission
Our team has experienced Brokers and Agents through out the country that will help represent and guide you.
Learn about the best deals and get 10 to 40% Discounts, get property details, values, photo's and more.
We search dozens of sources to bring you this amazing opportunity
Don't miss out on this "Hidden Inventory" - We have access to properties in all states
Call (888) 870-0443