advice for buyers: How Does FHA Handle "Cloud" Condominiums?
- 04/01/14 10:08 AM
If you are thinking of buying a condominium, it might sound attractive to seek a commmunity without the politics of a HOA, but you should be aware that you might not be able to obtain FHA financing if there is no governing body to enforce the CC&Rs. Be sure to ask your REALTOR® to confirm that your chosen condo community is approved for FHA financing.
How Does FHA Handle "Cloud" Condominiums? It appears that the “cloud” concept has spread wider than in the area of computing. A newer type of condominium community, called a cloud condominium, has been popping … (3 comments)
advice for buyers: Buyers' Agents and Buyers: Treat a seller's property with respect.
- 08/16/12 06:13 AM
Treat a seller's property with respect. This sounds obvious, but are you sure? Of course we are expected to operate in compliance with the National Association of Realtors Code of Ethics, but in addition, we should be following common sense values of common courtesy. And that includes buyers' agents showing the homes listed by other agents.With that in mind, the Professional Conduct Working Group (PCWG) of the Professional Standards Committee has put together a list of guidelines for showing proper respect for the public, for property, and for peers. The one I wanted to discuss today is regarding property.If you ever … (7 comments)
advice for buyers: Top 5 Things To Do Before Previewing Homes For Sale
- 01/16/12 12:08 PM
Lisa has written a very clear and well-stated post with information that every buyer should know. Think of it as a checklist, and before wasting time checking out homes, please take the time to do these items. Your Realtor will want to help you find the perfect home for you, so she must know just what you are looking for: location, size, amenities, etc. Be very clear if you hate being too close to a school or must have a fireplace or whatever your preferences. As for price, before deciding that, meet with a lender who can review your financial situation … (4 comments)
advice for buyers: Before you buy that house, check out a few things!
- 02/19/11 11:27 AM
You've been househunting online, you have been pre-approved for a loan, and you have found a beautiful home in your price range. All the pictures show the hardwood floors, granite counters and garden that you want. Before you focus all your dreams on that one house, take a deep breath, and check out other important factors with the help of your Realtor. After all, you won't just be looking at pretty pictures after you buy, you will be living there. You will of course want to see the house in person, as photos don’t always accurately reflect room sizes or proportions. … (9 comments)
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