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Updated almost 7 years ago,

User Stats

28
Posts
7
Votes
Emma T.
Pro Member
  • Laurel, MD
7
Votes |
28
Posts

Who to market to? Can't use FHA finacing

Emma T.
Pro Member
  • Laurel, MD
Posted

Hi all,

I finally finished my live and flip and put it on the market yesterday. The real estate agent called me and asked if the condo association has FHA approval? I called the community manager and she said no it is not, they let their FHA standing lapse. 85% of buyer are coming to the table as a FHA buyer so this is really going to slow down the sale of the house.

Does anyone have any suggestions on how to sale this property. The house is reasonably priced $244,900.00  

The house is located in Montgomery county  in Maryland.  Any suggestions would be great!! 

Thanks all

Emma

  • Emma T.
  • Loading replies...