Ar_home_b_search
 



fha funding: Franklin Condo Community receives FHA Approval - 09/30/10 02:51 PM
Franklin Condo Community Orleans Estates in the Heart of Franklin TN. The community has been around since the mid-70s but no one ever applied for the FHA approval....until NOW. Does it make a difference ...You bet. For this unit you will only need $4,427.50 down with an estimated monthly payment in the 900s. You can't even find a rental in Franklin, TN for that price. This unit features all new carpet, paint and both a front and back patio.
 
 
… (0 comments)

fha funding: Condo or Townhouse - What's the difference and does it matter? - 12/08/09 09:14 AM
Condo or Townhouse - What's the difference and does it matter?
Well, when purchasing either of these lenders have differing rules and regulations that they must adhere to.  On Monday, December 7 the Federal Housing Authority (FHA) implemented tighter lending standards for Condos.  These rules were enacted to protect the financial health of the FHA, who is now seeing 18% of these loans either delinquent or in foreclosure.
So are you looking at a Condo or a townhouse?  Condominium is a form of real estate ownership, a townhouse generally describes a style of structure.
Let's begin by clarifying these terms. The … (4 comments)

 
Highresofdiane Rainmaker_large

Diane Osowiecki Greater Nashville Real Estate

Spring Hill, TN

More about me…

Diane O and Friends - Benchmark Realty

Address: 7127 Crossroads Blvd., Suite 102, Brentwood, TN, 37027

Office Phone: (615) 371-1544

Cell Phone: (615) 406-2184

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog