FHA-approved means the sponsor has applied for and been approved for purchasers to apply for an FHA mortgage which has very competitive rates and only requires 3.5% down.
I hope this helps.
Halstead Property, LLC.
It means that the taxes are severely discounted for their are no taxes for the first 7 years.
Please click on the web reference to learn more.
If you have any other questions regading real estate, please feel free to conatct me directly by email or phone.
I can also put you in contact with professionals that understand how to deal with FHA approved buildings.
Professional Real Estate Consultant
Halstead Property LLC