MyCondoNews | Condo News & Reviews

Condominium news and reviews of lofts, apartments, town homes and houses.


Bookmark and Share

Entries Tagged ‘FHA’

FHA backing becomes silver bullet for some condos, headache for others

Some see Federal Housing Administration condominium re-certification as a great tool to move units in a stagnant market. Others complain about opaque and arbitrary rules governing decisions as to which projects get recertified. Originally from Community Associations Network National

IL: FHA certification: What it means for associations

Condominium associations can take steps to be certified as worthy investments by the Federal Housing Administration. Whether they should or not is another matter. As with most other decisions, there are pros and cons. Originally from Community Associations Network National

Trade Groups Push FHA to Reconsider Condo Loan Guidelines

Community Associations Institute, the President of Institute of Real Estate Management, National Association of Home Builders, and National Association of REALTORS® jointly wrote a letter to the U.S. Department of Housing and Development suggesting several “enhancements” to the Federal Housing Administration’s condominium requirements. Originally from Community Associations Network National

How to Finance a Condo with FHA 234 (c)

Financing a home is not easy. Even if you’re looking for a condo rather than a home, it can still be difficult. One option available to you would be the Federal Housing Association 234(c). This program is useful in that it generally gives approximately a 30-year mortgage loan, while keeping initial down payments low and [...]

Trade Groups Push FHA to Reconsider Condo Loan Guidelines

Community Associations Institute, the President of Institute of Real Estate Management, National Association of Home Builders, and National Association of REALTORS® jointly wrote a letter to the U.S. Department of Housing and Development suggesting several “enhancements” to the Federal Housing Administration’s condominium requirements. Originally from Community Associations Network National

Trade Groups Push FHA to Reconsider Condo Loan Guidelines

Community Associations Institute, the President of Institute of Real Estate Management, National Association of Home Builders, and National Association of REALTORS® jointly wrote a letter to the U.S. Department of Housing and Development suggesting several “enhancements” to the Federal Housing Administration’s condominium requirements. Originally from Community Associations Network National

IL: FHA certification: What it means for associations

Condominium associations can take steps to be certified as worthy investments by the Federal Housing Administration. Whether they should or not is another matter. As with most other decisions, there are pros and cons. Originally from Community Associations Network National

NE: Condo buyers stumble on FHA loan hurdles

Rosenbaugh decided to get a mortgage insured by the Federal Housing Administration instead of a conventional loan. Little did he know the decision would entangle him in a process that slows or even blocks sales, at the same time the government is trying to encourage home purchases Originally from Community Associations Network National

FL: FHA brings relief for some condos

The resort-style pool, spa and health club along with luxurious 10-foot floor-to-ceiling windows are no longer the key selling points for 101 Eola in Thornton Park. Originally from Community Associations Network National

MI: Site condo buyers now can get FHA financing

Real estate agent Cheryl Grant is negotiating a deal on a site condo in Cascade Township using mortgage financing from the Federal Housing Administration Originally from Community Associations Network National

  • twitter