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Now This is What I’m Talkin’ About! Thank you OCAR!!

By
Mortgage and Lending with ReadySetLoan Condo Team LLC

Now This is What I’m Talkin’ About!  Thank you OCAR!!

The Orange County Association of REALTORS® has launched a campaign to educate condominium associations as to the benefits of getting the association approved with FHA and the VA.  Amazingly, this is the same message that I have been working to deliver for the past several years.

They just did it better!

OCAR estimates that only 30% of the condominiums in our country are approved with FHA and even fewer with the VA.  This means that more than 2/3 of the condominiums are not available for purchase by FHA and VA buyers.

The short video below was developed for California but it really applies to every state in the country.

Way to go OCAR!

By the way, I am what OCAR terms as an "Independent FHA Approval Facilitator".

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The Condominium Project Approval Team at ReadySetLoan is dedicated to helping condominium projects across the nation to obtain their approvals with FHA and the VA or become recertified with FHA.  We have assisted nearly 200 condominiums and we can help your association.

 

ReadySetLoan is an active member of the Connecticut and New England chapters of the Community Associations Institute (CAI) and is a frequent contributor to Common Interest Magazine as an expert in FHA/VA condominium project approvals.

 

Please contact us with any questions regarding FHA or VA condominium project approvals.  You can email me at askeric@readysetloan.com or call me at 404-433-4565. I will be happy to answer any of your questions.

 


FHA/VA Condo Approval Specialist

404-433-4565 Cell Phone

860-644-3772 Fax Phone

eric.boucher@readysetloan.com
ready set loan condo team

 

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 Check out our article in Common Interest magazine on page 19!

Find Eric Boucher with ReadySetLoan Condo Team on Google+

Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Eric, You are right, the video is very well done.

Bill Roberts

May 22, 2014 11:30 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Eric that is an excellent video and well worth the four and a half to listen to.

May 22, 2014 11:49 PM
ReadySetLoan Team
ReadySetLoan Condo Team LLC - South Windsor, CT
Residential, Commercial & Condo Financing Experts

Bill - I can't tell you how excited I was to watch it!

I agree, George.  Thank you for watching it and for your call this morning.

May 22, 2014 11:54 PM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Eric, In my area very few condo associations are FHA or VA approved. If only the board and the homeowners truly understood the benefit of these approvals I feel more would spend the money for approvals and renewals.

May 23, 2014 01:51 AM
ReadySetLoan Team
ReadySetLoan Condo Team LLC - South Windsor, CT
Residential, Commercial & Condo Financing Experts

Kathleen - I agree with you.  I run into many associations that object to getting approved, primarily due to misconceptions of what FHA is and concerns that it will be too much work or cost too much.

May 23, 2014 05:46 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Eric

That's a big step in the right direction.

Good luck and success.

Lou Ludwig

May 23, 2014 10:34 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Eric. It is hard to understand why more associations done get their complexes approved, especially when they can get approved. Extremely frustrating  for both of us.

Make it a great weekend!

May 23, 2014 08:36 PM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

It is just dumb of associations not being FHA/VA approved Eric.

May 23, 2014 08:57 PM
ReadySetLoan Team
ReadySetLoan Condo Team LLC - South Windsor, CT
Residential, Commercial & Condo Financing Experts

Thank you Lou

You got that right, Joe

I would use "ignorant", Conrad.  Most don't have accurate information.

May 24, 2014 03:49 AM