I would also check with a motgage broker, because I think there is still a possibiltiy that you can use an FHA loan when the complex is not on the approved FHA List. The Esterhuizen's in my office have done alot of short sales in Novato, specifically on Condos and they have managed to get FHA loans to close on complexes not on the approved list. Jari Esterhusizen told me she had to jump through a lot of hoops to get them done but they did manage to close. The only bummer is if you are in a multiple offer situation, if there is a buyer without an FHA loan, the seller is going to go with that buyer. As I'm sure you already know!