Placentia Condominium Homeowners Get your community FHA & VA Approved

By
Real Estate Agent with RE/MAX Cornerstone DRE#01045442

Attention Placentia Condominium Homeowners: You are leaving cash on the table if your Condominnumim or Town home community is not  approved for FHA or VA home loans.

 

As of February 7th, 2014 there are No Condominium or town home communities approved for FHA Financing in the city of Placentia. This means that properties being offered for sale will have far less opportunities for potential buyers.   Fewer buyers usually equal sellers not being able to obtain offers at market value.  

 

It is not very difficult to obtain an FHA Approval for your community. There are certain guidelines that The Department of Housing and Urban Development has set as minim requirements. The 2 key elements are The HOA budget is healthy and the rental to owner ratio. These 2 items should be checked before your association board spends and money trying to obtain an approval.

 

For more information on getting your Homeowners Association and Community FHA Approved Contact Tina Maraj, 714-403-7901

 

Helping Home Sellers and Buyers realize their goals Since 1989!

 

Posted by

Tina Maraj  714-403-7901 www.Tinamaraj.com

 DRE#01045442

 

Fullerton Real Estate

 

Tina Maraj Remax

 

 

      Featured in Season 3 of Tina Maraj on House Hunters Renovations

 

 Disclaimer: All information in this blog is deemed reliable but is subject to change at any time and is not guaranteed to be accurate nor are there any warrantees either express or implied. This blog is not intended to offer any legal, tax or other advice.

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Tina Maraj

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