Ryan Shaughnessy
Broker/Attorney - Your Lafayette Square Real Estate...
Saint Louis,
MO
More about me…
PREA Signature Realty - www.preasignaturerealty.com
Address: 1709 Park Avenue, Saint Louis, MO, 63104
Office: (314) 397-3182
Mobile: (314) 971-4381
A Blog for New Home & Other Sales Professionals and for Sellers and Buyers Interested in City Living
PREA Signature Realty proudly serves the communities of Lafayette Square, Soulard, Benton Park, Benton Park West, Downtown Loft District, Forest Park Southwest, Central West End, Tower Grove East, Tower Grove South, Compton Heights, Shaw, The Hill, Dogtown, Carondelet, Holly Hills, St. Louis Hills, Dutchtown, and the Other Historic Neighborhoods of the City of Saint Louis, Missouri.
Massuchetts attorney Richard Vetstein's recent blog post provides a thorough and easy to read overview of the new FHA condo guidelines which eliminated spot approval. If you are interested in purchasing a condominium to take advantage of the federal first-time home buyer tax credit, this is another reason to act quickly. For loans assigned a FHA case number prior to November 1, 2009, the lenders can still close loans, even after November 1, 2009, using the prior spot approval guidelines. ;)
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