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re: Buying Property Must Do's

Posted on 1/17/24 at 12:24 pm to
Posted by TigerDoug
Lees Summit
Member since Mar 2017
615 posts
Posted on 1/17/24 at 12:24 pm to
quote:

Since it’s a townhouse demand to see the financials for the HOA to make sure they’re in good standing. Go over them w your agent


Not sure if you're doing fha or not but need to check if HOA is in good standing on this. Had a situation where the HOA forgot to turn in paperwork so not eligible for FHA loan
Posted by llfshoals
Member since Nov 2010
15550 posts
Posted on 1/17/24 at 12:39 pm to
quote:

Not sure if you're doing fha or not but need to check if HOA is in good standing on this. Had a situation where the HOA forgot to turn in paperwork so not eligible for FHA loan
Not to mention how FHA handles appraisals and repairs
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