Florida Mortgages and Shouting Atop a Condo Roof!

Again, you’d think this should be the norm; but when I see these low percentages of condos that are getting closed, it’s not always the reluctant lenders that are causing problems in this market, a lot of times it’s the slackers. Hate to say it, but it’s true.

At the end of the day, when you do your job, you don’t get stranded on the Island of Misfit Toys.

The Tick Tock of the FHA Clock

So today, FHA announced the Official Schedule that itemizes those staggered expirations. Basically, the new expiration date will be pushed back anywhere from 3 weeks to 9 months based on the date when the project was initially approved. The following are the extended expiration dates: