Thursday, February 18, 2016

GOOD NEWS FOR CONDO BUYERS!

According to Knight Kiplinger we've got easier financing coming on condominiums. Most condo buyers cannot obtain FHA financing because the FHA cannot extend a loan to a buyer for a unit in a condo complex unless at least half of the units are owner occupied. Kiplinger says Congress seems inclined to lower that threshold, making more buildings eligible. This would be a boon for first time buyers and condo sellers.

Let us guide you through your next real estate transaction.

www.HomesInDurango.com

Like us on Facebook

Facebook/HomesInDurango

No comments: