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How do YOU spell Relief? CONDO relief, that is ...
This is GREAT news for Addison condo owners (and North Texas owners, too) who want to sell but are living in complexes that have not been eligible for the FHA approval list. It should be easier for buyers who don't have the cash to buy, or who don't have the down payment to purchase with a conventional loan. The condo associations will have to apply (or re-apply) to get on the FHA approved list, so talk to your association board of directors or contact the property management company.
How do YOU spell Relief? CONDO relief, that is ... I'm probably dating myself just a bit when I say I remember the commercial included below well enough to deliberately go hunting for it on YouTube. (And I'm sure current Dallas/Tony Romo fans say, Roger Staubach who?)
Back in the early 80's when this ad was running, RELIEF was spelled R-O-L-A-I-D-S ... but as of September 13th, 2012? I think it should be spelled ... F-H-A ... Condominium Projects Revisions!
Yes ...finally... FHA has revised its rules on Condominium Projects, for the better. Some of the highlights include: ... more
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