Current Federal Housing Administration (FHA) condominium rules are outdated, inefficient and unscrupulous, according to National Association of Realtors (NAR) President John Smaby.
NAR’s president recently sent a letter to U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson asking him to release final – and better – FHA condominium rules as soon as possible.
Read on for details from Smaby’s letter explaining why the rules need to be changed.
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