FHA’s Approved Condo List

If you are interested in buying a condo and are planning to use Federal Housing Administration (FHA) financing, make sure you check out the FHA's Approved Condo List. It will only lend money for condominium projects that are on that list. It’s more challenging in general to get financing for condos, because associations play such a … Continue reading FHA’s Approved Condo List

Considerations When Buying a Townhome or Condo

With the large number of properties that are still available at reduced prices these days, townhomes and condominiums represent excellent purchasing options:  they often offer low-maintenance living and community facilities that would usually be unavailable in single-family homes. When considering purchasing a townhome, keep in mind that there can be substantial differences in how the … Continue reading Considerations When Buying a Townhome or Condo

5 Reasons to Buy a Condo

In this day and age, condominiums tend to be on the less-desirable end of the housing market.  It’s understandable for people who are looking for more privacy, room for children and pets, or a little more space to call their own.  However, you shouldn’t be so quick to knock off condos from your house hunting … Continue reading 5 Reasons to Buy a Condo