Towson Condo

New FHA Condominium Approval Rule October 2019

October 29th, 2019

Clavon condo at Clementi by UOL just beside Nanhua Primay School, will be getting popularity among parents specially after there is a new FHA Condominium approval rule as of October 15, 2019. The notable change in the rule is that it will allow some individual condominium units to be possibly eligible for FHA mortgage insurance even [...]

20 Alanbrooke Court #C Towson, MD Condo for Sale

July 21st, 2017

20 Alanbrooke Court #C is a Towson condo for sale at $179,900. Located in the Dulaney Towers community in Towson, it offers a redone building, two large bedrooms, two full baths, beautifully done kitchen, and a full sized washer and dryer in the unit. Your condo fee covers water and sewer, too! 20C Alanbrooke Court is [...]

FHA Condo Recertification Should Get Easier

July 21st, 2016

FHA condo recertification should get easier, thanks to the passage of H.R.3700 - Housing Opportunity Through Modernization Act of 2016 on July 14. It also lowers the current owner-occupancy from 50% to 35%, which should hopefully make more Baltimore County condominium communities eligible for FHA financing. Right now, there are a number of Baltimore County condo [...]

20C Alanbrooke Ct Towson Condo For Rent *RENTED 12/1/14*

September 24th, 2014

20C Alanbrooke is a truly lovely Towson condo for rent in the Dulaney Valley Garden complex within the gated Dulaney Towers community. *RENTED 12/1/14* The building, and all of the units, were completely redone in 2006, changed from apartments to condos. The owners of this Towson condo chose the upgraded, beautiful kitchen with wood floors, [...]

FHA Condo Financing Changes Fall 2012

November 8th, 2012

FHA condo financing has gotten harder for many customers over the past few years. Luckily some changes announced in September could help. The National Association of REALTORS(R) broke down the changes: 1) Investors can buy up to half of project units. The maximum before was 10% investor-owned. 2) More commercial space is allowed in a [...]

FHA Condo Recertification Due December 7, 2010

November 16th, 2010

With the many changes in the mortgage industry, it is hard to keep up with what deadlines are coming up next. On December 7, 2010, the FHA condo recertification process must be completed by each individual condominium complex in order to be eligible for homebuyers to receive FHA financing in their building. There is an [...]

Timonium Condo FHA Approval

August 9th, 2010

At the end of 2009, HUD changed its' condo approval process for FHA condo financing. No longer can a community be given a "spot" approval when a unit goes under contract if a buyer desires to use FHA financing. Condominium developments must be approved in advance of an FHA sale and the approval is only [...]

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