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I've been watching an REO for over a year now that is on the market for $550,000 but needs about $60,000 to finish (per the listing agent). I know Fannie Mae has a Home Path program for unfinished Fannie Mae REOs, is there anything like that out there for this price range? Also, would this qualify for an 80/15/5 mortgage, or do those exist in this price range?
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