Posted By Alan Donald @ Nov 10th 2012 11:02am In: Mt Pleasant Real Estate Market

Buying a Condo in Mount Pleasant, SC With an FHA Loan?

The Renaissance Condominium in Mount Pleasant SCAre you planning on purchasing a condo in Mount Pleasant using an FHA loan to finance it?

Make sure that the condo project is on the "HUD-Approved List" before you get too excited. If it is not (or if the approval has expired), your loan will not get approved!

Click here to view the "official" list of HUD-approved condo projects in Mount Pleasant, SC!

Another important question to ask is if the Condominium association is currently under litigation or not. Most banks will not lend money to purchase condominiums where the HOA is involved in litigation!

Call us on 843-900-0155 - we can help you "navigate" the condo market and buy a condo in Mount Pleasant, making sure that you ask the right questions upfront!

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