---------CHECK FHA STATUS OF A CONDOMINIUM BUILDING, CLICK HERE--------
Are you buying or selling a condo in DC, Maryland or Virginia?
Is YOUR building, or the building you are buying in affected by FHA changes?
I heard so many terms used for the December 7, 2010 deadline for FHA financing on many condos throughout the region. From "end of times" to "condo judgment day", etc. Whatever people were calling it, that date was really going to make an impact on first time home buyers out there or folks who wanted to put little down into their investment. As we head into 2011, the truth is we are going to have to face this issue head on in MANY cases this year.
The extension of the FHA expiration dates are listed below:
1972 - 1980 - December 7, 2010 - December 31, 2010
1981 - 1985 - December 7, 2010 - December 31, 2010
1986 - 1990 - December 7, 2010 - May 31, 2011
1991 - 1995 - December 7, 2010 - July 31, 2011
1996 - 2000 - December 7, 2010 - August 31, 2011
2001 - 2005 - December 7, 2010 - September 30, 2011
2006 - 2008 - (Sept) December 7, 2010 - March 31, 2012
You can click HERE, to see FHA's approved condo buildings. This will keep YOU in the know.
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