Archive for the ‘Condo Complexes’ Category:

New article from The Sacramento Bee: In January 2006, first-time homebuyer Lavender Lee was overjoyed to buy a $155,000 condo in Folsom’s newly remodeled Waterford Place. Then, within months, she discovered her neighbors talking about water and mold damage. “I was devastated,” she said. “I couldn’t think of any way to get out of it.” ... [Continue Reading]
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 ... [Continue Reading]
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