Recently a home buyer wanted to buy a condominium for his family near his work.  He had his pre-approval letter, good credit, and a large down payment.  Normally this would be an easy deal.  He wanted to buy a condominium near Greenway Plaza.    There were 28 condos for sale from 14 different Associations.  A quick look at approved condo projects for the area showed only two condominium projects were approved by the FHA.  “Unfortunately, no units were listed for sale from the approved condominiums and I lost the … [Read more...]