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Does Your State Have Site Condos

By
Real Estate Broker/Owner with Cherry Wings Realty 6502373398

I am working on a white paper to present to the Senate Committee for Veteran Affairs in DC and need my fellow Realtors assistance.

 

If your state has site condo's as a form of land division and development, I need to know please.

 

If you have had a client that has tried to use their VA benefits to purchase a home in a site condo and has been negatively impacted because the VA denied their loan on the site condo, I would love a letter from them and you as a Realtor or lender documenting the situation.

 

I have been diligently trying to get this inequity fixed for our Veterans for the past four years.  In 2008, FHA changed the way they view site condos to viewing them as single family homes for financing purposes.  VA needs to do the same thing.  FHA's change was an administrative change, VA's change is going to take a legislative action and there lies the problem.  None of our public officials want to take this on. 

 

Please help if you can

 

Thank you

Christine

Posted by

Christine Stalsonburg, Broker/Owner

Cherry Wings Realty

 

 

231-409-4140

 

 

 

 

 

 

 

 

 

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