FHA approved Condos-Finding FHA approved Townhomes & Condos

FHA approved Condos-Finding FHA approved Townhomes & Condos

By FHA Los Angeles Realtors-Munson Realty

FHA approved Condos-Finding FHA approved condos and townhomes in Los Angeles is no easy task for the Los Angeles first time home buyer.

Why is that? Because condos or townhomes must meet FHA property guidelines: structurally sound, HOA has plenty of cash reserves, no lawsuits against the building, higher ration of owners vs. renters.  Not only that, but the entire building MUST be FHA approved.

How do you know if the building or complex is FHA approved? Often times you don