Archive for the ‘Tampa Condos’ Category

The Slade, yet another new condominium in Channelside, has announced that it has received Fannie Mae approval. This basically means that…

Back in January I read with much interest (humorous) the St. Pete Times article about the fake Catholic priest who (allegedly) fleeced Florida condo developers for millions. Fast forward to now, and Mr. Canada has been indicted (31 counts).

The number of loan defaults on Florida condos has made most (if not all) lenders nervous about partnering with buyers on condo purchases.

Add Ventana to the short list of FHA approved condos in the downtown Tampa area. Ventana is at the corner of Channelside Dr and Kennedy Blvd and has 84 residential units + some mixed use spaces on the first floor.

The FHA has decided to extend its deadline to remove the spot approval process for condominiums. This is good news for the Tampa condo seller and buyer. The FHA was ready to implement guidelines that would severely limit which Tampa condos would qualify for FHA financing. That meant that buyers had only the conventional loan [...]