1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
julsineya [31]
3 years ago
6

If the borrower has a previous foreclosure, can he use FHA to purchase a new home?

Business
1 answer:
snow_tiger [21]3 years ago
6 0

Answer:

Yes he can use FHA

Explanation:

Because FHA Loans are the most forgiving of foreclosures. To qualify for an FHA mortgage loan, you must wait at least three years after the foreclosure. The three year clock starts ticking from the time that the foreclosure case has ended, usually from the date that you prior home was sold in the foreclosure preceeding. If the foreclosure also involved an FHA loan, the three year waiting periods starts from the date that FHA paid the prior lender on its claim

You might be interested in
When rainforest land, such as in the lower amazon, is suitable for agriculture, a single cash crop is often planted. such crops
andrew11 [14]
<u><em>If forests disappeared,Houses would cost alot because they are made from a different material.</em></u>
8 0
3 years ago
A teenager arrives by private car. He is alert and ambulatory, but his shirt and pants are covered with blood. He and his hyster
tekilochka [14]

Answer:

"He pulled the stick out, just now, because it was hurting him."

Explanation:

An impaled object may be providing a tamponade effect, and removal can precipitate sudden hemodynamic decompensation. Additional history including a more definitive description of the blood loss, depth of penetration, and medical history should be obtained. Other information, such as the dirt on the stick or history of diabetes, is important in the overall treatment plan, but can be addressed later.

8 0
4 years ago
Question A landowner and her neighbor owned adjacent parcels of land. The landowner hired a contractor to install an in-ground s
Kazeer [188]

Another factor that the owner of this house can bring forward in order to prevail on the case is that That his land would have been damaged without the storage shed or that the contractor was negligent.

<h3>What is negligence?</h3>

This refers to all sorts of damages that could occur due to the fact that a person has failed to take care of something.

The negligence of the landowner has ked to the destruction of the neighbors property because the appropriate precautions were not taken.

Read more on negligence here:

brainly.com/question/14480857

#SPJ1

5 0
2 years ago
Which statements about Section 1231 assets are true? Pick all that apply!!
dem82 [27]

Answer:

The answer is below

Explanation:

Given that Section 1231 assets are a term that is used to describe the real or depreciable trading property acquired for more than a year. For example, landed property, buildings, etc.

Hence, in this case, the correct answer or statement to the question are:

1. If Section 1231 assets are sold and the taxpayer has a realized loss, the loss is a fully deductible ordinary loss

2. If Section 1231 assets held long-term are sold for a realized gain, the taxpayer has a potential long term capital gain that may be taxed at favorable capital gains rates but this result often does not occur

4 0
3 years ago
Sasha has run a small diner near the train station for the past ten years. Six months ago, a chain restaurant serving gourmet bu
fenix001 [56]

Answer:

threat of new entrants

Explanation:

Based on the information provided within the question it can be said that force that has affected Sasha's business, from Porters five forces was the threat of new entrants. This force refers to the threat that comes from new competitors entering an industry with existing competitors. If the barrier to entry of the market is low/easy for these new companies then it creates a huge threat to the existing company's since it allows them to get established in the market fast and at a low cost.

6 0
3 years ago
Other questions:
  • The company has grown rapidly, and the expanded workforce includes people in many locations and of diverse backgrounds, leading
    6·1 answer
  • At Bargain Electronics, it costs $30 per unit ($20 variable and $10 fixed) to make an MP3 player at full capacity that normally
    7·1 answer
  • A customer has requested that Lewelling Corporation fill a special order for 2,600 units of product S47 for $31 a unit. While th
    5·1 answer
  • An indifference curve shows all 1. possible equilibrium positions on an indifference map. 2. equilibrium combinations of two pro
    10·1 answer
  • Sarah stopped at the supermarket to quickly pick up some milk, bread, cat litter, and a tomato. When she saw the total come up o
    5·1 answer
  • PLEASE HELP!
    7·2 answers
  • Which of the following statements about federal student loans is true
    11·1 answer
  • Imagine you live in a society with progressive taxation. Your friend makes half of your salary and pays 20 percent in income tax
    7·2 answers
  • Which of the following are advantages of working for a for-profit healthcare facility? Check all of the boxes that apply.
    13·1 answer
  • Consider the market for new dvds. If dvd players became cheaper, buyers expected dvd prices to fall next year, used dvds became
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!