You have less than two weeks to buy a Crofton condo before FHA purchase money for condos dries up on October 1.  (Assuming they don’t come to their senses before then and cancel a planned policy change.)

That’s because condo communities approved by FHA before 10/1/08 will lose their approvals, and the process for approving them again is expected to be lengthy.  And that is a good reason to buy a Crofton Condo NOW.  Any Crofton condo.  But…

THIS Crofton condo can be purchased at a price comparable to a short-sale at just $187,000, but it is NOT a short sale.  You can avoid all the delays, hassle and frustration that short-sale and foreclosure buyers experience, without paying more – AND you will get FHA financing PLUS the $8,000 tax credit (if you settle before 12/1/09). 

But this is no dump or handy-man special… The windows and kitchen counter-tops were recently replaced, and there’s neutral paint and carpet throughout.  Washer, dryer and all kitchen appliances are included, and lighting has been updated. 

Don’t let this condo in convenient Crofton Meadows get away!