E-FHA 203B with Repair Escrow financing
IE-FHA 203B with Repair Escrow financing availability is subject to buyer's appraisal. Can someone explain what this means? There is a Hud home listed for $6100. And should a 203K streamline be done instead? Ive heard the Streamline is a faster process up to $30,000. This way they can finance the needed repairs and have more funds available to them. Escrow for a 203B can only be used for weather related repairs. What's the best option?