New HUD condo rules may benefit Alabama markets

Fallout from the housing crash of 2008 can still be felt throughout the housing market today.  One area in particular is the condominium market, where lending over the past eight years has become more strict for individual units.  Last week, the U.S. Department of Housing and Urban Development issued a statement that should loosen some of those tighter standards and perhaps provide FHA financing for some condominium purchases.    Read the article…………..


Related Articles

Village of Providence HOA addresses controversy

But recently residents have been questioning that quality, along with where their fees and dues are really going.   Monday, the

Clock ticking for Highlands homeowners on possible land purchase deal (AL)

A landowner intends to sell land adjacent to the subdivision to a developer who plans to build rent controlled housing, a permitted use under the land’s current zoning designation

Baldwin County (AL) Commission, Point Clear homeowners group at odds over drainage agreement

Baldwin County officials and a property owners association in Point Clear are at odds over an agreement that commissioners say