sketch-style, distant view of condominium building across the pool - 5303 N 7th St, Phoenix AZ - Popular Carlyle Condominiums, minutes to shopping, restaurant, city services - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Good News from FHA for Condominium Home Buyers, and Sellers

At implementation of the Dodd-Frank Act in 2010, shortly after the collapse of the Real Estate market, condominium owners watched the value of their investment plummet. FHA financing would no longer be available for vast numbers of condominium complexes, severely limiting a condo owners opportunity to sell their home. Home Buyers looking for affordable choices… Read More

Row of condos along a grassy greenbelt - Buying Property for your College Student - CCondominium Regulations, Buying a condo, Selling a condo - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

A Triumph for Home Sellers & Home Buyers – FHA Eases Condo Regulations

A Triumph for Both Home Sellers & Buyers – FHA Eases Condo Regulations Condominiums have been a tough sell in the years following the Real Estate crunch. Strict mortgage regulations, as applied to condominium purchases, were getting in the way of many home buyers looking to purchase a condo. The immediate result was falling condominium… Read More