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October 20, 2012

October 20, 2012

FHA Eases Condo Financing Rules

In good news for those in the condo market, the Federal Housing Administration has revised its rules for condo financing, undoing years of frustration at rules that made most condos ineligible for FHA loans and their benefits.  The changes were issued and came into effect on September 13, 2012. The FHA requires that certain aspects […]