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Hey, not every place is FHA approved!!@#$%

By
Real Estate Broker/Owner with Godfrey Properties RM422969

 

I am listing a property right now in a condo development....."condo" is the optimum word.  The whole development never had an FHA funded settlement, and, it's one of the most affordable selections in the school district!  The property manager insists that the development will never be an FHA approved development as it's too hard to contact every owner to get a unanimous "yes" to FHA.   I will tell you that there is a another way......"spot approval".....FHA will approve one unit in the development!  Eureka!  It's out there boys and girls....Also, Fannie Mae has a list of the approved developments on the website https://www.efanniemae.com/sf/refmaterials/approvedprojects/index.jsp?from=hp

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Fran Gaspari
Patriot Land Transfer, Inc. - Limerick, PA
"The Title Man" - Title Insurance - PA & NJ

Donna Marie,

Gotta love those spot approvals...!!! Thanks,   Fran

Mar 30, 2009 02:06 AM