The Federal Housing Authority (FHA) removed some restrictions on condominiums mid-October affecting FHA approval. Nationwide there were only about 3.9% of condo buildings that had FHA approval. As of mid-October 2019 the percentage of buildings that qualify for FHA approval is now close to 96%. This is a huge game changer for first time home buyers. In the Denver market this affects condos though out the city from Wash Park / Cap Hill to the suburbs from Aurora to Arvada, Castle Rock to Thornton. These exciting changes affect not only buyers but also those condo owners looking to get top dollar for their condos. Are you curious if your condo qualifies Click Here and send me a message. First Time homebuyers curious how this changes your buying power Click Here.
Author:Ryan Rose Phone: 720-441-3855 Dated: November 5th 2019 Views: 476 About Ryan: As a Denver Realtor, I am in love with what I do. I was inspired to pursue the real estate professio...
Mortgage interest rate decreases… what does it mean for 2019?
"We worked with the team of Jason Peck, Matthew Koller and associates in the sale of our home in Denver and the purchase of the new property in Thornton. Their advise to us on improvements and presentation aided us in an increased value of our home making it possible to purchase a much better home than we expected. The entire team are professional and easy to work with, understanding our needs for the best possible results. We were fortunate to find the best Realtors and we recommend them to anyone selling or buying a home."