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DINEROS
1141 Posts |
 Posted - 07/17/2008 : 10:16:32 AM
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I need a little clarification here please. I just come out of a meeting w/ a client who knows either much more than I do or is very confused:
He is building 2,000 low priced single fam. homes in the Dominican Republic. He believes that the mortgages for the purchaser will be FHA financed or insured through Freddy Mac or Fannie Mae. I just can not even imagine that anything like this could happen to non Americans outside the USA. Please enlighten me if I should have missed something...
Thank you.
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DINEROS
1141 Posts |
Posted - 07/17/2008 : 12:12:33 PM
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bump.
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SolarMTG
381 Posts |
Posted - 07/19/2008 : 05:35:20 AM
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| puerto rico yes, dominican republica dont think so |
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DINEROS
1141 Posts |
Posted - 07/19/2008 : 2:48:49 PM
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quote:
Originally posted by SolarMTG
puerto rico yes, dominican republica dont think so
I guess your answer is correct and final to this thread?
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rtrefflich
3382 Posts |
Posted - 07/19/2008 : 2:55:04 PM
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| Since I first saw this thread I have tried to find anything on FHA outside the US and could not find anything. Your client is very confused. |
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DINEROS
1141 Posts |
Posted - 07/19/2008 : 3:06:08 PM
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quote:
Originally posted by rtrefflich
Since I first saw this thread I have tried to find anything on FHA outside the US and could not find anything. Your client is very confused.
I assumed the same but than again I wanted to make sure at first. I have requested all documentation after our initial meeting and can not wait to see in writing what he has.
If it should be anything to the contrary, I will let you know.
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