condo

7 minutes read
A condo association has many jobs aside from overseeing the development and caring for the common areas. As condo units turn over and people want to purchase them, they need access to various forms of financing. Most government-backed financing options require approval from the appropriate entity in order for the financing to go through. This includes FHA approval. The FHA must approve your development for FHA ...
3 minutes read
If you are a veteran with VA benefits, you may want to buy a condo with your VA loan. Condos are often great starter homes or homes for those that don’t have time for exterior maintenance or that don’t need a lot of space. Compare Offers from Several Mortgage Lenders. Can you use your VA loan benefit to buy a condo? Keep reading to find out more. THE VA APPROVAL The largest obstacle you’ll face when you w...
3 minutes read
You are buying a condo – that’s an exciting purchase! Before you sign on the dotted line on that purchase contract, though, make sure you have the proper contingencies in your contract. Without them, you won’t have a leg to stand on should you need to back out of the purchase contract. Get Matched with a Lender, Click Here. You can think of contingencies as ‘insurance.’ If you have to cancel the purch...