Contact me i can give you all the details on FHA condo approvals.
We provide FHA/VA loans all the way down to a 580 fico. As a licensed real estate broker and mortgage broker over 10 years i can answer any questions you have throughout the process.
US Mortgage Lenders - Thomas Martin
Min FICO 580 FHA/VA Loan Approvals 7 days a week
Please contact me at my number below and send me an email so I can better assist you.
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Pierce M Love P.A.
Howard Chase Real Estate, LLC
1354 Washington Avenue
Miami Beach, FL 33139
I appreciate your post.
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Phone: (+1) 702 907 4308
In terms of the rental market, that score is workable. They will also look at criminal record, evictions, current income, etc....if your income is at least 3 times the rent and you don't have excessive items in collection or a recent foreclosure/repossession, you will probably be able to find something. Good luck.... more
There must be other lenders now willing to lend to foreign nationals.
Try TD Bank, is one I can think of.
There must be someone else, that may not have a minimum square footage requirement.
Good luck.... more
If you try and retrofit after, you are likely to pay more. A good example is solar panels for the electrical service or water heater - it is not just the cost of putting in the panels it is the additional cost of tying it in to your existing system, permitting and, in some cases, moving vents, skylights, etc., to meet fire department codes for roof accessibility. There are all sorts of unforeseen obstacles that add up when it is not planned into the original construction. If you have the option to add to new construction and finance it into your mortgage, it is probably best in the long run.... more
Be careful not to damage your relationship with your landlord, as you will be working with him/her for the remainder for your rental period. I suggest first reaching out to them to explain that they were obligated to take care of the initial cleaning of the apartment. Ask them if they can promptly have someone come and clean the apartment, or offer to hire a cleaning service and direct the bill to your landlord. Hopefully this helps!... more
Unfortunately, it varies depending on the association. I have had clients get approved in as little as a few days, and I've also had clients who went through a length approval process that took several weeks. Keep reaching out to the board members so that you stay on the top of their minds until they complete the approval process and get back to you.... more
I suggest first going through word of mouth. If you have any friends or professional contacts in the area that you trust, reach out to them to get recommendations. Additionally, feel free to check out www.Zilbert.com. We have a great list agents who would be more than happy to assist you. I myself am Zilbert's #1 agent and work exclusively on Miami Beach to help buyers and sellers negotiate the market. Feel free to email me at email@example.com if you have any additional questions or concerns.... more
Seasonal rentals are very popular, especially within the time frame you suggested. Be sure to check with the condominium about what their rental restrictions are, because they vary from building to building.... more
South Beach is known for attracting people from all walks of life and all parts of the globe. Even the locals come from a dizzying array of different backgrounds. In real estate, we have been seeing a lot of foreign investors and businessmen buying condos on South Beach. It's a cultural melting pot - take a stroll down Lincoln Road and you'll hear accents from all around the world. That's what makes South Beach so incredible, you can meet so many different kinds of people.... more