Selling my home with USDA loan.

Hey guys,

We purchased our home in 2007, through the USDA.

We currently owe 90k. My house is worth $350k now, on the low end. We want to move.

I know there’s a ‘recapture’ fee when you sell.

I’ve read about it, and it doesn’t make sense to me.

Does anyone know if they do a recapture, and what percentage it would be? I’ve called & can never get through.

We’ve had our home loan for 15 year’s now.

Thanks so much

submitted by /u/shrubsnotdrugs
[link] [comments]

Hey guys, We purchased our home in 2007, through the USDA. We currently owe 90k. My house is worth $350k now, on the low end. We want to move. I know there’s a ‘recapture’ fee when you sell. I’ve read about it, and it doesn’t make sense to me. Does anyone know if they do a recapture, and what percentage it would be? I’ve called & can never get through. We’ve had our home loan for 15 year’s now. Thanks so much submitted by /u/shrubsnotdrugs [link] [comments]

<a href="Read More“>View Full Article

Need More Commercial Real Estate Leads?SAVE 40% this month!

Our commercial valuation calculator was created to evaluate commercial real estate. In 6 quick steps you will know your NOI, CAP RATE, and IRR.

Now you can get your own branded version of our calculator!