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Rainey Delotell

"Licensed in KY and OH"
  • 11 Helpful Answers
  • 24 Answers
  • 4 Blog posts
Agent at RE/MAX Affiliates
Experience:
Vice President - In Flight Service for Delta Air Lines and its subsidiaries August 1971—December 1997
I was employed in the airline industry for more than 25 years and consistently promoted…
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Specialties:
I specialize in the sale and purchase of residential single family and condominium homes as well as investment property.
Certifications
& Awards:
RE/MAX 100% Club Award Honors
Interests:
I have a great interest in working to save the lives of cats and dogs presently ... show more
About:
I have been licensed in Ohio since 1986 as a real estate agent and in Kentucky since 1999. Since 2001 I have consistently ranked in the top 10% of Realtors ... show more
Testimonials:
"A big thanks for selling my house! I would be very proud (if I were you) if I had sold a house very quickly that had been on the market for over a year ... show more
Rainey Delotell answered:
Patty -
I can't answer that specifically because I use Realist with both the NKY and Cincy MLS systems. I believe that condos still have an individual tax i.d. number (for property tax purposes) whether they are a PUD or not.
But, when I go on Realist, it tells me if that particular condo has a lot with it or not. If it does, then it's okay for FHA financing and doesn't have to meet the new FHA requirements for condos.
I'm fairly certain that the only condos that qualify are townhomes and landos that sit on property with no unit above or below them. Stacked buildings (with units sitting on top of each other) won't have lot numbers and would have to fall under the new FHA guidelines.
Sorry I can't be more help.
Rainey DeLotell
RE/MAX Affiliates - Mon Nov 2 2009, 16:00

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