Updated over 5 years ago on . Most recent reply
Trying to Selling Condo
I have a condo in a lower income community that I've owned for about 20 years. I'd like to sell it now but the condo is not approved for FHA lending. There is a comparable condo in the current community that's on the market, has been for a little less 90 days and has had 4 contracts which all fell through due to not being approved for FHA financing. I confirmed this with the listing agent. Does anyone have any creative ideas on how to get it sold or ever have this issue? I don't forsee the HOA or condo being FHA approved for quite some time even with the new less strict FHA guidelines.