Tag Archives: FHA loans

New FHA Guidelines Could Aid Condo Sales

New Federal Housing Administration condo-loan guidelines that took effect Dec. 8 could make it much easier for condo buyers to get a loan. Under previous guidelines, half the units in a new condo development had to be sold before the … Continue reading

Posted in commercial real estate, general, Housing Market News Update, mortgage, New York Real Estate | Tagged , , , , , , , , , , , | Leave a comment

Short Sales And Foreclosures: When It's Time To Move On

When the value of a home drops by 20%, it’s tempting to let it go into foreclosure, or work out a short-sale agreement with the bank. But giving up a current home in the hopes of paying less on a … Continue reading

Posted in Foreclosures, mortgage, New York Real Estate, Short Sales | Tagged , , , , , , , , | Leave a comment