Posted in Condominium

Its Important For Your Condominium Community To Be Hudfha Approved

The Feds changed the game. You now need to be HUD and FHA approved before your condominium community can offer FHA loans to your buyers. Once your complex is approved you must be recertified every 2 years. If your condo community is not HUD/FHA approved you are missing out on…

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Posted in Condominium

FHA Reverse Mortgages for People Older Than 62

If you are age 62 or older you may want to participate in FHA’s Home Equity Conversion Mortgage (HECM), better known as the Reverse Mortgage, program. To qualify for a Reverse Mortgage you must be a homeowner that has paid off your mortgage or paid it down by a considerable…

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Posted in Mortgage

Affirmative Defenses to Foreclosure Lawsuits in Florida

Below the Florida Rules of Municipal Procedure, a plaintiff trying to get a judgment of foreclosure is required to attach a copy in the Note to its complaint. A Florida home owner who is served using a foreclosure complaint without a a copy with the Note should assert this being…

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Posted in Condominium

Fha Streamline 203k – The Basics

One of the most exciting opportunities today for loan officers and real estate agents alike is the opportunity to sell off the glut of foreclosed homes on the market. A big problem with these potential deals is that most people who are losing their home because they can’t make the…

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