Thursday, November 7, 2013

What You Need To Know About Condominium Financing

Seeking Mortgage Financing For Small Condos and Assignments Thu, 31 Oct 2013 19:45:06 GMT

Liberty Village condo purchasers are facing challenges getting mortgage approvals for small condos and assignments. There are still options.

Condominium Financing: Tips for Relocation Managers – Cartus Blog Wed, 30 Oct 2013 20:00:56 GMT

Condominiums have always been an excellent alternative to single-family home ownership when relocating. They have gained wide acceptance in most key transferee locations, particularly in high-cost areas. As lending guidelines have become more conservative over the past few years, however, condominium financing has also been subjected to a higher level of scrutiny

Not only does the borrower have to qualify for the new mortgage when purchasing a condo, but the condominium complex and the association need to qualify, as well. To obtain financing, a complex must be approved by ...

Buy Now, Pay Later – Understanding Condo Financing | Richmond ... Sun, 18 Aug 2013 18:19:56 GMT

Miller and Rhodes is the worst example of how buyers got burned by not understanding the impact of finance on condo values. The local lenders who offered a limited number of loans also failed to understand the risks. 'But the listing agent ...

Condo Financing Survival Guide - Trulia Fri, 18 Oct 2013 18:40:11 GMT

Condo Financing Highlights · The borrower has to qualify for a loan and so does the condo association. · The FHA has different condo-lending standards from Fannie and Freddie. · When the condo is deemed ...