Atlanta Midtown 2BR/2B Condo For Sale
Buyer Agent Asks: FHA Approved?
Atlanta Midtown 2 Bedroom and 2 Bath Condo with TWO Gated Reserved Parking Spaces part of The Historic PONCEANA Community became available to purchase on February 18, 2016. The large unit is on the third floor, lots of sunlight and lots of privacy.
The Ponceana conversion occured in the late 1990's. Of the seventeen units in the community, only three units have two deeded parking spaces.
Priced at $218,000, a low price for Midtown Atlanta, especially given the shortage of inventory for Buyers to consider, not a surprise that three viewings happened before the Listing was up for 12 hours!
Four more showings already scheduled for Saturday and two for Sunday morning.
The Open House on starts at 1:00 pm on Sunday, February 21, 2016
One Buyer's Agent wrote the following text:
Why am I reluctant to reply about the community being FHA or not? If you are a Member of ActiveRain, you may read this post by Nina Hollander about what happened to an agent in NC - punished for mentioning FHA as an option in a Listing Sheet.
FHA approval is a complicated process that can fluctuate - approved today and gone tomorrow OR not approved today and definitely approved tomorrow.
What can the Listing Agent and the Selling Agent do to assist their Clients and still protect themselves and their Real Estate Licenses? Rely on your trusted individuals - your preferred Mortgage Professionals.
All the best - Lynn
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