Rare Condo with Walk-Out Basement!

Top-of-the-Line Quality with Over 3800 Square Feet!

Fantastic main level living plus lots of room for entertaining. Great floor plan with kitchen, breakfast room, formal dining room, living room with fireplace, stately den...plus a huge Master Suite (you won't believe the closet space!) and a guest bedroom...all on the main level.

CLICK HERE to see more information!

FHA Condo Guidelines

FHA notice on delay in FHA condominium changes:

Implementation of FHA’s new policy guidance for condominium project approval and condo unit financing will be delayed until December 7th 2009. The new guidance, to be issued within the next two weeks, will: 1) offer additional leniencies to address the difficult market conditions and 2) augment some portions of FHA Mortgagee Letter 2009-19, providing additional information and clarification.

Until the new guidance takes effect on December 7th, 2009 lenders may continue to use the Spot Loan Approval guidance issued in Mortgagee Letter 1996-41. Further, the site condo and manufactured housing condo project changes that have already been implemented are not affected by this delay.

To read FHA Mortgagee Letters 1996-41 and 2009-19 please visit: http://www.hud.gov/offices/adm/hudclips/letters/mortgagee

This Month in Real Estate

3rd Quarter Condo Stats

This was the best Quarter for condo sales since the 3rd Quarter of 2007!

527 condos sold & closed during the 3rd Quarter of 2009. This is up 129 sales over the 2nd Quarter and up 15 sales over the 3rd Quarter last year. The 3rd Quarter of 2007 had 581 condo sales. The average sales price was $132,903 with 116 days on the market.

This Month in Real Estate

This Month in Real Estate

This Month in Real Estate