Friday, May 29, 2015

FHA Recertification of Seminary Walk

For Seminary Walk Condo Owners,

One of the issues we need to seriously look into is the the FHA re-certifications; I have noticed that despite the fact many condo owners claimed our condos are 'sellable' due to location, many have been on the market for more than 80+ days now. One of my neighbors is trying to sell their home for more than 80+ days now, ideally for something at the same cost they bought it for or more, and I would imagine limitations with FHA qualified buyers has prevented them from many potential buyers. 

Unfortunately they cannot attend the board meetings due to work schedule conflicts, slightly jaded by the effectiveness of their input to the Board, as with many other condo owners. As the FHA certification will be an issue that affects us all at some point or another, this is a serious matter for the owners and HOA to effectively look into.

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