Condo sales just got easier...
FHA reduction of Condo Owner-Occupancy Percentage: New Federal law has reduced the FHA Condo Owner-Occupant requirement from 50% to 35% and streamlined the FHA certification process. The standard can be a very contentious issue for anyone who acquires a Condo that they intend to rent out so their Realtors must be aware of whether the purchase will be a violation. The percentage reduction should improve condo marketability. - This story is by
Steve Beede, Founder and President
BPE Law Group, P.C.
BPE Law Group, P.C.
Main Office: 2339 Gold Meadow Way, Suite 101, Gold River, CA 95670
Lincoln Satellite Office: 985 Sun City Lane, Suite 102, Lincoln, CA 95648
Lincoln Satellite Office: 985 Sun City Lane, Suite 102, Lincoln, CA 95648
(916) 966-2260
Steve has a wonderful newsletter all about the Real Estate Industry issues that affect you every day.
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