Home Buying in Norwich>Question Details

Lashonya, Home Buyer in Norwich, CT

norwich fha approved condos

Asked by Lashonya, Norwich, CT Sat Nov 19, 2011

is briar lane in norwich fha approved

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Mark Sanner’s answer
You should be aware that FHA now requires condo associations to be recertified EVERY TWO YEARS. Ask the property manager and/or association board of directors if they intend on keeping FHA certification indefinitely.It's a task they'll have to keep doing every two years and they should budget for the cost as well.

Whether or not an association maintains FHA certification is likely to have an impact on values in the future, meaning it'll impact resale value and may therefore influence how much a buyer is willing to pay today.
0 votes Thank Flag Link Sun Mar 31, 2013
Hopefully this is the property you are looking for.
NORWICH, CT 06360 23 buildings, 120 units
was Approved on 04/01/2011 and expires on 04/01/2013

If you want to check additional properties check the link below. If it's still unclear, e-mail or call me.
0 votes Thank Flag Link Sat Nov 19, 2011
0 votes Thank Flag Link Sat Nov 19, 2011
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