approved condominiums list

November 16, 2009

Market Updates

Condominiums are becoming more difficult to find financing for. This class covers changes in FHA spot approvals and challenges with delinquent HOA dues, occupancy and HOA litigation challenges that will prevent financing.
FHA Condo guidelines change in November, 2009 to align closer with existing Fannie Mae restrictions.
These are the slides from the online webinar, please [...]

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Challenges with Financing the Purchase of Condominiums

October 20, 2009

Resources from Classes

Expect the prices on condominiums to drop in the very near future.
As Fannie Mae and FHA tighten qualifying guidelines, the buyers of condos may find it near impossible to get bank financing.
It stands to reason then, that condos that are approved for Fannie Mae and FHA financing will be in high demand and very competitive.
Here [...]