It used to be fun selling real estate, but now its getting harder and harder to even get deals closed. Take for instance, selling a condo here at the beach. One of the many questions I hear all the time is how do you know if a condo is FHA or VA approved. This is something you can check quickly and easily by going to:
FHA - https://entp.hud.gov/idapp/html/condlook.cfm?CFID=17487015&CFTOKEN=2e2337b1704b8063-3846EF52-0530-56EC-838AEE8A86411193
or VA: https://vip.vba.va.gov/portal/VBAH/VBAHome/condopudsearch
This should be your first step if you have a buyer wanting to purchase using either of the two mortgage types. if the complex is not currently approved, move them on to something else, the approval process for a condo project can take 60 days or more!!!
It's a cash world for condo buyers to make a smooth closing.
what are you seeing out there?