One of the million things you have to do before starting work is find a place to live. Most residents want a home near Shands. You know you’ll be busy and don’t want headaches so you want something that doesn’t require much maintenance. You also want a home that isn’t too expensive (you’re still paying off student loans) but in a safe & clean neighborhood.
FHA is now introducing a new program for qualifying condos for FHA loans called DELRAP. This could reduce the hassles condo owners are experiencing when trying to sell by making it easier for buyers to get a loan.
DELRAP stands for Direct Endorsement Lender Review and Approval Process. As of October first DELRAP will be the (primary) way that condominiums will be approved for FHA. It may no longer take months for the FHA to review paperwork on a condo association in order to establish it on the “FHA Approved” list for lending.
Are you tired? Maybe that’s because your neighbors are up partying until 3am…
Way back when you didn’t have to be at work by 8:30am every day you liked living in a fun and active apartment complex. That has a special meaning as the Fall semester begins in Gainesville, FL.