Prior to listing a property on the MLS, get all the information you need that pertains to the homeowners association. Note that it’s not only condominiums that have HOA. A lot of single family residences in PUDs or gated communities have an association as well.
It’s best to have a prelim on hand right when you execute a listing agreement instead of waiting until you open escrow. This will help prevent any surprises when it comes time to close escrow! Possible surprises will be avoided by following this tip are: – Tax Liens – Mechanics Liens – Additonal Trusts on […]
A bit of good news for the condominium buyers out there; the Federal Housing Finance Administration (FHA) recently revised its condominium certification rules, making it easier to qualify condominiums for FHA financing.
