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FHA may loosen approval restrictions for condo associations

June 12, 2012

The FHA may FINALLY be loosening restrictions on HOA’s to get their FHA status back! This will open up the condo market for buyers and sellers! Many first time buyers start with a condo but with the market crash, empty units, more units being leased, a lot of associations lost their FHA status – I will def stay on top of this!!

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