The Orange County Association of REALTORS® has launched a campaign to educate condominium associations as to the benefits of getting the association approved with FHA and the VA. Amazingly, this is the same message that I have been working to deliver for the past several years.
They just did it better!
OCAR estimates that only 30% of the condominiums in our country are approved with FHA and even fewer with the VA. This means that more than 2/3 of the condominiums are not available for purchase by FHA and VA buyers.
The short video below was developed for California but it really applies to every state in the country.
Way to go OCAR!
By the way, I am what OCAR terms as an "Independent FHA Approval Facilitator".
The Condominium Project Approval Team at ReadySetLoan is dedicated to helping condominium projects across the nation to obtain their approvals with FHA and the VA or become recertified with FHA. We have assisted nearly 200 condominiums and we can help your association.
ReadySetLoan is an active member of the Connecticut and New England chapters of the Community Associations Institute (CAI) and is a frequent contributor to Common Interest Magazine as an expert in FHA/VA condominium project approvals.
Please contact us with any questions regarding FHA or VA condominium project approvals. You can email me at firstname.lastname@example.org or call me at 404-433-4565. I will be happy to answer any of your questions.
FHA/VA Condo Approval Specialist
404-433-4565 Cell Phone
860-644-3772 Fax Phone
Check out our article in Common Interest magazine on page 19!