My novice Northern Virginia investors get excited when they read the listings of property for auction starting bid at $10K in local newspaper such as Washington Examiner or Washington Post. Every investors dream is to buy "steal deal" and flip
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As per the Fannie Mae website : They issued an updated Selling Guide Announcement (SEL-2010-11) which says lenders are not required to pull a second credit report right before the loan closing . Fannie Mae has, instead, encouraged lenders to have processes
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