FHA Condo Recertification Expiration Dates Extended in 2010

By
Real Estate Agent with Colonial Realty Group DRE# 01380599

As an FHA Realtor & Condo Specialist in Burbank, CA, San Fernando Valley, Santa Clarita Valley in Los Angeles County, I strive to educate and inform my clients of the happening in the real estate field, giving you insight, advice and commentary. If you have a friend who would appreciate my blog , please forward it and thank you.  (Hablo Espanol, Bilingual Realtor in Los Angeles County)

FHA CONDO FOR SALE IN SANTA CLARITA VALLEY, CANYON COUNTRY

FHA CONDOS, HOUSES, DUPLEX 2-4 UNITS IN SAN SAN FERNANDO VALLEY, CONTACT LUPE

FHA has announced an extension of condominium project approvals with an expiration date of December 8, 2010. Provided below are the extension dates based on five-year time frames with the exception of those condominium projects with original approval dates from 1972 -1985.

Initial Project Approval Dates Current Expiration Date New Expiration Date

1972 - 1980 December 7, 2010 December 31, 2010

1981 - 1985 December 7, 2010 December 31, 2010

1986 - 1990 December 7, 2010 May 31, 2011

1991 - 1995 December 7, 2010 July 31, 2011

1996 - 2000 December 7, 2010 August 31, 2011

2001 - 2005 December 7, 2010 September 30, 2011

2006 - 2008 (Sept) December 7, 2010 March 31, 2011

The extensions were granted to reduce the impact of processing and reviewing the number of project approvals expiring at the same time while recognizing current housing market conditions. Lenders and/or other interested parties are encouraged to begin the re-approval or recertification process as early as possible as it is not anticipated that any further extensions of project approvals will be issued.

The Condominium look-up page and the FHA Connection databases were updated on December 7, 2010 and now reflect the extended expiration dates.  The links to the sites are:

Condominium look-up page: https://entp.hud.gov/idapp/html/condlook.cfm

If you are an FHA Buyer looking to buy a condo or townhouse in Burbank CA, San Fernando Valley, Santa Clarita Valley, Antelope Valley, you still have time to apply for FHA loan condo before these new deadlines.  Call me for a complimentary consultation and lender referral.

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San Fernando Valley in Los Angeles County CA 

DRE # 01380599

Colonial Realty Group

 

 (*) any information relating to real estate for sale referenced in this video blog & social media comes from the MLS. this information may reference real estate listing held by a brokerage firm other than the broker and/or agent providing this information.

 

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Michelle Carr Crowe,Altas Just Call...408-252-8900!
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Thanks for posting this info. I have a couple of FHA buyers who hope to buy SFH, but condos may be where they end up.

Dec 09, 2010 06:54 PM #1
Rainmaker
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Cameron Novak
The Homefinding Center - Corona, CA
Featured Corona Real Estate Agent Team

Good info Lupe.  I was just looking into this earlier this week.  Do you have a cite for the information?

Dec 09, 2010 10:09 PM #2
Rainmaker
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Lupe Soto-Realtor
Colonial Realty Group - Los Angeles, CA
Listing, Selling, Feng Shui in San Fernando Valle

hi Michelle & Cameroon

thank you for stopping by,  below is more info about the FHA condo recertification and site info, have a great day. lupe

The Condominium look-up page and the FHA Connection databases were updated on December 7, 2010 and now reflect the extended expiration dates.  The links to the sites are:

Condominium look-up page: https://entp.hud.gov/idapp/html/condlook.cfm

Dec 10, 2010 08:28 AM #3
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Rainmaker
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Lupe Soto-Realtor

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