New Prague : Questions & Answers

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Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
I am an association manager and want to know how to get my homeowner's assocations FHA approved?
I did this many years ago and I was lucky enough to have a good lender helping me. You will need to contact FHA and go through the paperwork and hoops. You will be dealing with a govern ... more
0 votes Share Flag Tue Jul 31, 2012 Financing in 56071
Ieasha Howel…, Real Estate Pro in Oklahoma City, OK
Ieasha Howell-Larkpor answered:
How does somebody buy a condo that is not an FHA approved project? (its only at 24% sold so far). I want the condo, but no bank will write me a loan.
You must purchase the condo with only a conventional loan (usually meaning more money down) or cash. FHA will not allow you to purchase a condo that doesnt meet the requirements.
0 votes Share Flag Fri Apr 13, 2012 Home Selling in 56071
Aaron Dickin…, Real Estate Pro in Minneapolis, MN
Aaron Dickinson - Edina Realty answered:
can we ask for proof of another offer on a house, if we dont trust there is one?
The seller of a house is unlikely to share with you the other offer as that would be revealing information that can hurt in their negotiations. I have once told a 2nd agent the name of ... more
0 votes Share Flag Wed Apr 27, 2011 Home Buying in 56071
Blaison Samu…, Real Estate Pro in Fremont, CA
Blaison Samuel answered:
How many back up offers will you take on a short sale?
I don't think, there's any limit in accepting backup offers but personally, I wouldn't go more than best 4-5 back up offers.
0 votes Share Flag Wed Aug 19, 2009 Foreclosure in 56071
Ben Goheen, Real Estate Pro in Stillwater, MN
Ben Goheen answered:
How does a town home association become an FHA approved association?
Hi Jeff,
Since I don't know about your specific development, I can only speak to what I've seen as an appraiser and Realtor. Townhomes do not need to be on the approved list by FHA - ... more
0 votes Share Flag Fri Feb 13, 2015 Home Selling in 56071
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