Owner occupied properties allow you to ask for as much as 6 % seller assist, while investment properties usually allow up to 2 %.
Not exact matches
No investors are
allowed, the
property must be
owner -
occupied and not financed by the FHA.
Tools to Know In her role as MLS director, Hatton explains that the tax data and reports generated through the CRS Data MLS Tax Suite are extremely helpful, as they
allow her to run reports and generate mailing lists targeting homeowners in specific zones, living in
properties that are rented and not
owner -
occupied, as well as
properties that are in flood zones, etc..
Additionally, some banks want to sell branches but still
occupy part of the space,
allowing a new
owner to redevelop a
property and bring in new tenants, says Joel Schneider, senior vice president of Hilco Real Estate.
The product
allowed self - employed borrowers who were unable to provide traditional sources of income validation to access CMHC - insured financing for a one or two - unit
owner -
occupied property.