FHA Lending on 2-4 Unit Condo Projects Again
The FHA stopped granting what were called condo “spot approvals” in 2009. This meant that if you didn’t want to purchase a condo that was on…
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FHA
Government Shutdown May Hit FHA Buyers
Update: Looks like the government shutdown has been averted! But in case anything else arises to shut down the government, here’s how your FHA loan can…
No More FHA Condo “Spot Approvals”
If you’re a buyer approved for an FHA loan, your choices are somewhat limited when it comes to condo possibilities. The FHA was okaying condo…
Sold: 2074 45th Avenue
My 3BR/1BA listing in the Outer Parkside sold on Wednesday for $673,500. List price was $668,000, and we received a total of four offers. Good…
FHA Loans Cover Condos
Though Federal Housing Administration (FHA) loans cover single-family homes and multi-unit buildings, these loans include condos, too. The loan amount maximum is $625,500, and you…