Is that Condo FHA approved?

Is that Condo FHA approved? In metro Atlanta we have lots of condos for sale. Buyers who will be using FHA insured financing (3.5% down) need to know if the condo is on FHA's approved condo list.

Check out the official site for FHA Approved Condos.

Many Atlanta condos have restrictions limiting the number of rentals in a community. One of the reasons is because FHA will not approve a condo if it has more than 20% rentals. Some condos have wait lists of 2 or more years to be able to rent out your unit. If you are considering renting out your place in the future, I would suggest getting on the list early.

If you're thinking of buying or selling a condo in Atlanta or Smyrna, contact Jen Bowman, Keller Williams Realty Cityside at 404-456-5024.