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Occupancy Status

Author	Message
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richosasimohan Joined: 18 Jul 2007 Posts: 38 23.61 Dollars($)	Posted: Wed Oct 24, 2007 6:46 am    Post subject: Occupancy Status Like 0 Dislike 0 Need a brief explanation about occupancy status it's types and criteria's
evolovik26 Community Expert Joined: 15 Aug 2007 Posts: 537 Location: Minneapolis 28.93 Dollars($)	Posted: Wed Oct 24, 2007 6:57 am    Post subject: Like 0 Dislike 0 Owner Occupied - means you live there and intend to live there 2nd Home- Lake home, Cabin, Residence in another city or state where you live part of the time. (vacation home) Investment (Non Owner Occupied) - you rent or intend to rent the property out in order to recieve rental income from it. _________________ Eugene Volovik Home Loan Consultant Countrywide 612-481-3127 Conventional, FHA and Commercial Lending in 48 states

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