Critics say FHA reforms don’t rescue condo buyers
If you’re a first-time buyer with a moderate income and not much cash for a down payment on a condo, the availability of Federal Housing Administration financing is a big deal. Not only do you need just a 3.5 percent down payment, but FHA is also far more flexible on credit compared with other financing sources. With a sub-par FICO score and a high debt-to-income ratio, banks and big investors like Fannie Mae don’t want to know you. FHA welcomes you with open arms. Read the article………….
An arbitration hearing is scheduled for Friday between Marina Towers Condominium Association and ThyssenKrupp Elevator Corporation over a maintenance contract
Blossom Park Condominiums, the former Days Inn Motel that has been linked to more than half of the county’s heroin
Residents within University Park, a gated community in Irving near Northgate and O’Connor, were surprised to discover a large amount