• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Sacramento Appraisal Blog | Real Estate Appraiser

Real estate appraisals for divorce, estate settlement, loans, property tax appeal, pre-listing and more. We cover Sacramento, Placer and Yolo County. We're professional, courteous and timely.

  • About
  • Appraisals
  • Order
  • Ask Ryan
  • Areas
  • Classes
  • Press
  • Trends
  • Share
  • Contact

How to find out if your condominium is approved by HUD / FHA

Is your Condominium Approved by FHA/HUD?

March 10, 2010 By Ryan Lundquist 6 Comments

I hit the jackpot yesterday when talking with a local realtor, and it ended up being a “two birds with one stone” situation. Here’s what happened.

Earlier in the day I emailed a Facebook Realtor friend and asked her if she ever sold a condo in a particular subdivision in the city of Folsom. There are ZERO recent condo sales in this subdivision in Empire Ranch, so I want to get as much firsthand information as possible. Well, my friend gave me a chunk of insight, but it turned out that she needed some help because she was having financing issues with one of her deals in the “Rivage” condo subdivision in Folsom.

Anyway, through the course of contacting listing agents for research for my appraisal, I talked with Realtor Ann Boswell of Insight Real Estate. I had never spoken with Ann before, but she ended up being a wealth of information for not only the subject subdivision, but for “Rivage” up the street. Ann spent a good 10-15 minutes on the phone with me (I love when Realtors take time like that. It’s good on so many levels). 

It turns out that since Rivage has not yet completed construction, some of the buildings are FHA approved and others are not. That could be an issue, don’t you think? It’s funny to think that despite these buildings being next door to each other in the same new development, some of them don’t make the cut (yet) to be guaranteed by HUD. More specifically, per HUD’s website, only buildings 1 and 13-26 are currently approved by HUD/FHA.

Two birds with one stone? One, I got insight into the subject subdivision. And Two, thanks to Ann Boswell I was able to resource my Facebook friend with information on Rivage and why her deal was maybe having some issues. But most of all, I was able to give my Facebook friend the name of someone at Wells Fargo who could help her get her condo on the HUD approved list.

You can search HERE to see the HUD/FHA approved condominium list.

Share:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)

Filed Under: Appraisal Stuff, FHA Appraisal Articles, Resources Tagged With: Ann Boswell Realtor, Buying a Condo in Folsom, City of Folsom, Condo Approved List for HUD, Empire Ranch, Empire Rancho Condominiums, Folsom, How to find out if your condominium is approved by HUD / FHA, Madrone Condos, Real Estate Appraisal, Real Estate Appraiser in Folsom, Rivage Condminiums in Folsom

Primary Sidebar

Connect with Ryan

 Facebook Twitter LinkedIn YouTube Instagram

Subscribe to Weekly Post

* indicates required

Search this site

Blog Categories

  • Appraisal Stuff (407)
  • Bankruptcy (3)
  • Divorce (4)
  • Estate Settlement (6)
  • FHA Appraisal Articles (56)
  • Internet (53)
  • Market Trends (481)
  • Photos from the Field (126)
  • Property Taxes (70)
  • Random Stuff (231)
  • Resources (566)
  • Videos (161)

Blog Archives: 2009 – 2021

Lundquist Appraisal Links

  • Appraisal Order Form
  • Appraisal Website
  • Rancho Cordova Appraiser Website
  • Sacramento Appraisal Blog Sitemap
  • Sacramento Real Estate Appraiser Facebook Page
  • Twitter: Sacramento Appraiser (@SacAppraiser)
  • YouTube: Sacramento Appraiser Channel

Most Recent Posts

  • How long can this market keep going?
  • What is your housing persona?
  • Rapid price growth & the Gilmore Girls next door
  • Are first-time buyers targeting 2-4 unit properties?
  • Stale real estate headlines & buyers flocking to El Dorado County
  • My new sewer line adds huge value, right?
  • The housing market nobody predicted
  • Real estate trends to watch in 2021
  • You carried me & a spreadsheet for Christmas
  • Real estate drama (and a market update)

Disclaimer

First off, thank you for being here. Now let's get into the fine print. The material and information contained on this website is the copyrighted property of Ryan Lundquist and Lundquist Appraisal Company. Content on this website may not be reproduced or republished without prior written permission from Ryan Lundquist.

Please see my Sharing Policy on the navigation bar if you are interested in sharing portions of any content on this blog.

The information on this website is meant entirely for educational purposes and is not intended in any way to support an opinion of value for your appraisal needs or any sort of value conclusion for a loan, litigation, tax appeal or any other potential real estate or non-real estate purpose. The material found on this website is meant for casual reading only and is not intended for use in a court of law or any other legal use. Ryan will not appear in court in any capacity based on any information posted here. For more detailed market analysis to be used for an appraisal report or any appraisal-related purpose or valuation consulting, please contact Ryan at 916-595-3735 for more information.

There are no affiliate links on this blog, but there are three advertisements. Please do your homework before doing business with any advertisers as advertisements are not affiliated with this blog in any way. Two ads are located on the sidebar and one is at the bottom of each post. The ads earn a minor amount of revenue and are a simple reward for providing consistent original content to readers. If you think the ads interfere with your blog experience or the integrity of the blog somehow, let me know. I'm always open to feedback. Thank you again for being here.

Copyright © 2021 Sacramento Appraisal Blog