The arrangement gives the homeowners the ability to buy back ...IRS will scrutinize any gainsSan Francisco Chronicle, USA -52 minutes agoTypically, the sale price is the amount of the current mortgage, with a little extra thrown in. Does the lender make privately or federally insured or guaranteed loans? Some mortgage loans may be backed by a federal agency, such as the Federal Housing Administration (FHA loans) or the Department of Veterans Affairs (VA loans).
