IS THIS CONDO PROJECT FHA APPROVED? GREAT QUESTION
I received a call from a buyer looking to purchase a condo in downtown Phoenix, AZ. I asked him how he got my contact information. He informed me that he read my blog. THANKS ACTIVERAIN. He explained to me that will be his first real estate purchase. So, he asked me if I would assist him in the process. I told him that I would accept the challenge. So, I am meeting my new client this afternoon. His lender has him in preapproval status at a certain dollar amount. Now, we just need to narrow down which condo project is FHA approved. My client wanted to know how to obtain this information on his own.
The Federal Housing Authority has made it very easy to access this information.
The FHA Condominiums page allows any user to search for FHA-approved condominium projects by the following criteria
- Location
- Name
- Status.
My client was at his computer. He typed in the name of the condominium project. Voila-his condo project was an approved FHA project. The client was very excited about this outcome.
Real estate buyers just need the right information to make informed decisions.
Make the Call, Set the Plan, Do the Deal$!
Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities. The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona. You can listent to past shows, or stream on-line.
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