Its becoming more and more part of our day these days here at SacramentoCondos.com to get questions about the lack of financing for condominiums in the Sacramento region. We’ve created a sort of work around for our users. Although financing may not be an option in some of the complexes, condominium units taken back in…

About 75 percent of the units at the upscale L Street Lofts development recently foreclosed, according to an article in The Sacramento Bee. The Bee noted that the development, located at 1818 L Street, was plagued by a sluggish local economy and lawsuits related to the development’s vacancy rate. Then around March 18, L Street…

The Sacramento Bee recently reported on an interested trend happening on the Sacramento condominium scene. More and more developers are investing in condominiums in Sacramento’s alleys. From cosmopolitan to bungalow designs, these new condominiums are revitalizing the city’s alleys. Cty officials have also lent a hand in this new trend by offering to help developers…

SacramentoCondos.com is pleased to bring you information today about Jasmine in Elk Grove. These condominiums built in Elk Grove by Pacific West were built approximately in 2006 and feature four floor plans ranging from a 1 bedroom 1 bath 1185 square foot unit to the largest unit the 2 bedroom 2 bath + loft unit…

In November the Federal Housing Adminstration (FHA) accounded the permanent baseline guidance for condominium project eligibility.  (ie the guidelines they would use when determining if they will allow an FHA loan to be made in a complex)  While they have delayed implementation until I beleive December 7th of 2009 and they may change again before…

We have received many an email detailing how buyer have been told they cannot purchase in certain complexes or their offers were rejected because of ratios.  This is not because the Sellers are not wanting to accept FHA financing or Conventional financing it because of the ever evolving lender guidelines. This is basically the current…