Update on Condo Dilemna:
Will your Condo be "sellable" in the December and beyond???
In a local Hampton Roads market, Chesapeake, there are 189 HUD(i.e. FHA LOAN) approved condominiums as of today(10/28/2010).
On Dec. 7th, ONLY 11 CONDOMINIUMS WILL BE APPROVED.
Can you see the approaching challenge???
You live in a condo neighborhood, list the condo, get an FHA contract but can't close because the condo group didn't get the necessary paperwork filed.
This challenge can be solved!!!!
If you live in a condo, you need only to get on it NOW!!! It can take 60 days for HUD to approve a condo project/neighborhood!!!
Need to know how to get approval???? Want to know how
to get approval done in a week?? Let me know!