Changing Condominium Rules Affect Frederick Buyers

Financing News For Your Frederick Condominium 2011/02/04 By FrederickBooster Condominium rules have changed drastically since the “housing meltdown”.  FHA recently (Oct. 1) drafted newer, stricter rules for approval of Condominium Developments seeking FHA financing. Condominium ownership is different from townhouse or single-family ownership, which are called “fee simple”.  The entire …

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