Friday Mortgage Brief - Friday, September 16, 2011
The Friday Brief
FHA Tips/Expiring Condos/Termite
Expiring FHA Condo-If you have an expiring FHA condo, the purchase must close and fund before the FHA Condo Expiration Date. Once the condo approval expires it must go back through the approval process.
FHA Termite- A termite report is not required by SunTrust for an FHA loan. A termite is only required if it is required by the sales contract.
From Bruce
I'm an optimist. It doesn't seem too much use being anything else.
Winston Churchill
Have a great weekend,
Bruce
Bruce Rosenberger
Chairman's Team
SunTrust Mortgage, Inc
Cell 703.850.1349
Buying or Selling a Home in Northern Virginia? Contact Kim Darwaza of RE/MAX Allegiance for all of your Real Estate needs at 703-856-2254 or kim@kimdarwaza.com. To search the MLS please visit http://www.kimdarwaza.com.