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Investment版 - Condos becoming worthless: Investment opportunity for the contrarian?
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话题: investment话题: condos话题: contrarian话题: worthless话题: fha
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1 (共1页)
h*******y
发帖数: 864
1
Tighter FHA lending standards are threatening the very existence of many
condo complexes. Once a complex is not financable, values are quickly
destroyed.
As of October 1st:
No FHA loans if there is more that 25% of the space for commercial use.
No single investor (including the developer) can own more than 10% of the
units…talk about a catch 22!
Condo developments must be “primarily residential”, meaning than many
mixed-use projects won’t qualify.
These already tough rules still exist:
70% of th
K****D
发帖数: 30533
2
How would this affect buying one to live in? @_@

【在 h*******y 的大作中提到】
: Tighter FHA lending standards are threatening the very existence of many
: condo complexes. Once a complex is not financable, values are quickly
: destroyed.
: As of October 1st:
: No FHA loans if there is more that 25% of the space for commercial use.
: No single investor (including the developer) can own more than 10% of the
: units…talk about a catch 22!
: Condo developments must be “primarily residential”, meaning than many
: mixed-use projects won’t qualify.
: These already tough rules still exist:

c*******e
发帖数: 8624
3
can't get FHA loans - which you probably won't need though ;
and pay extra $$$ for HOA

【在 K****D 的大作中提到】
: How would this affect buying one to live in? @_@
h****h
发帖数: 1168
4
less attractive for future investors, then less buyers for future...

【在 c*******e 的大作中提到】
: can't get FHA loans - which you probably won't need though ;
: and pay extra $$$ for HOA

n******n
发帖数: 12088
5
How about 0 downpay back? Then more buyers for future.
Is "more buyers" always good?

【在 h****h 的大作中提到】
: less attractive for future investors, then less buyers for future...
1 (共1页)
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话题: investment话题: condos话题: contrarian话题: worthless话题: fha