Condo market gets boost from FHA rule change

Buying and selling affordable condos in Chicago and nationwide is likely to get easier, as federal rules on which condo buildings qualify buyers for mortgages through the Federal Housing Administration loosened on Friday.  “The buyer pool just expanded,” said Mabel Guzman, a real estate agent with @Properties. “It’s a win-win.”    Read the article…………..


Related Articles

HOA tells man to stop building treehouse (GA)

The battle over a backyard treehouse in Gwinnett County is headed to court.

Decision to not restore lake not sitting well with residents (SC)

After thinking it over for about a year, the Homeowners Association sent a letter to the Department of Health and Environmental Control saying “HOA has decided not to restore our lake

Attempt to remove Prospect Heights condo board unsuccessful (IL)

An attempt by condo owners in the Prospect Heights River Trails Condominium Assocation to remove their board of directors failed.