Designed to be a trendy, urban neighborhood, walking distance to shopping, restaurants, and theater; Channelside was the hot spot a few years ago for those eager to live close to Downtown Tampa. Overdevelopment and the crash of the Tampa Real Estate market, turned the residential area of Channelside into a ghost town. But, that has […]
Skypoint Hi-Rise Condos for sale- FHA Approved!
Skypoint condos for sale-Tampa, Fl- Now starting in the 150’s! Now is your chance to take advantage of buying a short sale or foreclosure. If you’ve been waiting for a great deal on a condo, this is it! FHA approved financing is available with only 3.5% down. Skypoint Condos in Downtown Tampa is the first […]
Selling a Condo in Tampa Bay, Fl Could Get Easier-New Lending Rules
Wall Street Journal Report Freddie Mac Eases Rules for Some Florida Condos Freddie Mac said on Wednesday it would relax some rules that have made it harder to get mortgages for condominium units in Florida. The move could make it easier for some owners to sell their units. Last year, Freddie Mac and its larger […]
MAJOR changes to FHA finacing Condo approvals-Tampa,Fl
I just received this and thought I’d share it with you regarding financing FHA approved condos in the Tampa Bay area. Major changes to Condo Approvals As of October 1, 2009 ALL FHA condo approvals will be GONE. We will be starting from scratch with NO approved projects untill Lenders start submitting approval packages to […]
New rules raise the bar for condo mortgages- Tampa, Fl
In a move that will make it even more difficult to qualify for a condo loan, Fannie Mae is putting a host of new conditions on mortgages for condominiums. View from 345 Bayshore Condo Lending giant Fannie Mae is slapping tough new requirements Fannie Mae’s timing ”couldn’t be worse,” said Jack McCabe, a South […]