He is correct, HUD will not approve a condo complex with less than 4 units.

To check see if a condo complex is HUD approved for FHA loans you can use this tool to search the HUD database https://entp.hud.gov/idapp/html/condlook.cfm

To learn more about the HUD FHA condo approval process check out this article http://marivicrealty.blogspot.com/2009/07/hud-fha-condominiu…

What hasn't been addressed is rent to own ratio. If there are mre renters than owners in these duplexes, they cannot be aproved by either FHA or CHFA.

I would have him contact a mortgage broker which should give him all options. I would love to assist you but you are currently working with an agent. Take care.

This isnt a case of cold feet- he hasnt even put a bid on it- and hasnt yet because of the financing issue- so its not his way out- its preventing him from getting in- I guess he was interested in he property down the street and found this issue- so is trying to figure it out so he fan move forward with a possibel bid on our place.
we are not fsbo- and have an agent- I am pretty sure he called otu agen adn sort of asked him to look into it for him- I was just wondering for myself by researchign FHA and have found nothing yet to show there would be a duplex problem. Like I said we do have condo docs- so what would be a further road block if any for this guy?

Buyer’s have options of backing out of a Real Estate transaction. Financing is one of the “Out Clauses”.
I would try to find out if they have “Cold Feet” or if they really are having a problem securing financing first.
My wife and I are agents and always check into the financing directly with the buyer’s lending institution.
Are you selling for sale by owner?

to clarify- there are condo docs- they exist I have them- the "association"is me and my joined neighbor- so since we have an "association" on paper (and some decision are made together- like getting the new roof) then this shouldnt pose a problem for our interested buyer?

Is this a condo or a duplex. The answer is different for each. If it's a condo then it must have an association, rules and regulation, a budget, insurance on the exterior of the building and for common elements. If there are only 2 units in the building chances are those documents are missing and the property cannot be financed using FHA funding. Give me a call If I can help?