CTHomeLocator.com: Condos Needing FHA Approval! Whos Job Is It?
I Currently Have This Great Woodstock Condo Under Contract!
I didn't think it was going to happen because the Association is NOT on FHA's List.
Luckily I have a great Loan Officer working on getting a spot approval done so we can move forward.
My Question Is:
In general, who's job is it? Shouldn't Condo Associations be aware of the importance of being on The List?
As Listing Agents is it our job to assist in the process of getting our listings on The List to give us a better chance of a sale?
With whom should this responsibility fall and IF the correct person just doesn't get it what do we do?
I have new construction condos that aren't allowed on The List at this point but feel that if they were eligible and no one was doing anything about it I would want to. would I be over stepping my bounds or offering a service most don't want to be bothered with?
Woodstock, CT or Windham County for that matter doesn't have many on The List!
Would love some feedback!