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Uninsurable Property |
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Uninsurable Property In the United States, a piece of real estate not eligible for insurance through the FHA because it is in need of serious repairs. A property is considered uninsurable if it is a bad risk for the FHA, whose mortgages are guaranteed by the federal government. An uninsurable property is usually not eligible for an FHA mortgage, though, in some circumstances, it may qualify for an FHA refinancing loan. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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