Before you write an offer on a condo, there is one question worth answering first: is the complex FHA approved? The answer affects your down payment, your rate, and how many other buyers you are competing with. But here is what most buyers do not realize: a condo not appearing on the FHA approved list is rarely a dead end. There are still solid financing paths available, and checking the status takes about five minutes once you know where to look. Here is exactly how to do it and what your options are depending on what you find.
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