Good News!
I am hearing that FHA Spot Approvals for condos will continue until December 7, 2009 instead of the discontinuance date of November 1st.
I suspect FHA is attempting to develop their procedures for actual FHA approvals for condos. That means that case numbers have to be ordered before December 7th.
Basically, an appraisal has to be ordered in order to obtain a case number.
We'll see what develops...........
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