Real Green Trends
Real Estate News brought to you by Adriana Faerman
Blogging From The Beaches of South Florida
Your Eco-Friendly Real Estate Broker
Adriana Faerman
Phone: 305-773-0253
Adriana@RealGreenTrends.com
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TRADUCTOR
Great News from Fannie Mae – Condo Projects granted special approval
FNMA gives special approval designation for some Florida condo projects
The Special Approval designation applies to certain established projects located in Florida. Lenders must use Special Feature Code 156 for delivery of loans secured by units in condo projects with a Special Approval designation.
In addition, lenders must deliver project review code Type T – Fannie Mae Review. For details, refer to Lender Letter LL-2010-01 and the FAQs.
Great news, click here and the letter from FNMA will open where you will see the condos that have been temporarily approved in your area.
Are you ready to buy? Contact me for a private tour of the properties and I will guide through the process.
