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If a family’s financial position improves in order to allow them the ability to buy a second property such as a cottage, can they do that?

April 26, 2017ability buy family financial improves position Property

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If a family’s financial position improves in order to allow them the ability to buy a second property such as a cottage, can they do that?

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If a family’s financial position has improved that significantly to allow the purchase of another property, they would be deemed to be able to get conventional mortgage financing through a bank or another lender and be requested to pay off the mortgage to Habitat. This would then allow HfH to use those funds to help another family get started in their life as a homeowner.