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Buying a HUD Home???
Purchasers using
203K Financing: At closing the purchaser shall receive a credit
deposited into the 203K repair escrow account on the HUD1 representing
the Seller's contribution to LBP Stabilization and Testing in the
amount indicated on the LBP Stabilization Plan but not to exceed 10%
of the sales price.
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This page last updated 02/17/08.