Sentences with phrase «year occupancy requirement»

For owner - built homes since November 19, 2007, Owner - Builder Disclosure Notices must be obtained from the HPO and will not be released until the one - year occupancy requirement has been verified.

For owner - built homes completed since November 19, 2007, Owner - Builder Disclosure Notices must be obtained from the HPO and will not be released until the one - year occupancy requirement has been verified.

Not exact matches

I was considering rentals as my focus as a beginner but I know FHA has requirements of owner occupancy but I've been reading where I have some options after living in a FHA for 2 years.

@Alex K. I plan to occupy one of the units for a few years at least and owner occupancy is also a requirement for FHA / VA loans.

FHA has owner occupancy requirements, which is usually a year.

Renting it until I become 55 is no solution, since by then I will not meet the «over 55 rule «occupancy requirement of three of the five years before home sale.

As for the 1 year owner occupancy requirement, though I do not see it specifically state a minimum time in the hand book, I do see majority of people say the 1 year minimum occupancy is written in their loan agreement.