The Federal Housing Authority (FHA) removed some restrictions on condominiums mid-October affecting FHA approval. Nationwide there were only about 3.9% of condo buildings that had FHA approval. As of mid-October 2019 the percentage of buildings that qualify for FHA approval is now close to 96%. This is a huge game changer for first time home buyers. In the Denver market this affects condos though out the city from Wash Park / Cap Hill to the suburbs from Aurora to Arvada, Castle Rock to Thornton. These exciting changes affect not only buyers but also those condo owners looking to get top dollar for their condos. Are you curious if your condo qualifies Click Here and send me a message. First Time homebuyers curious how this changes your buying power Click Here.
Author:Ryan Rose Phone: 720-441-3855 Dated: November 5th 2019 Views: 752 About Ryan: As a Denver Realtor, I am in love with what I do. I was inspired to pursue the real estate professio...
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"We worked with Karen Venier for a relatively short time for a good reason: our home sold at full price within hours of hitting the market! While it’s true that the Denver housing market is “hot,” credit for the speed and ease of our transaction belongs to Karen. She was great to work with, giving us perfect advice about readying our home for sale and then expertly guiding us from offer to close. Along the way, we came to appreciate Karen for her skillful blend of professionalism and personal touches – like dropping off our favorite beverages during a particularly stressful time in our move or shoveling our driveway in subzero temps after we’d left the state (way beyond the call of duty!). Now that we’ve relocated to Wisconsin, we keep saying that we wish Karen could be our buyer’s agent here. Since that’s not possible, we’ll shout her name loudly to whoever might be looking for a home in the Denver area.
Thanks for the great work, Karen!