Nick Vandekar, 610-203-4543
Selling the Main Line & Chester County
Downingtown,
PA
More about me…
Realty ONE Group Advocates 484-237-2055
Address: 92 Lancaster Avenue, Devon, PA, 19333
Office: (484) 237-2055
Mobile: (610) 203-4543
Some thoughts and ideas about Tredyffrin Easttown, Main Line and Chester County Real Estate that might help you when you buy or sell.
Many buyers and sellers don't realize thast condo developments have a specific FHA approval process for financing, in the past this was done by mortgage lenders but this year HUD has allowed the developments themselves to apply for approval. Why would they do this - value for their owners. Prices in many condo developments have been falling across the country and these older condo developments whilst having been approved for FHA financing in the past found their approvals expiring. Many did nothing to extend these approvals and HUD actually extended many automatically last year but even this extension has now expired.
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