TOTAL CAPITAL SOLUTIONS GROUP

For some people there's been a stigma related with HUD and that is no longer the case - people buying in your price point are buying and need more mortgage options. Gone are the days of FHA Mortgage light documentation and no required down payment. A HUD condo loan now requires buyers to provide at least a 3... An association that is not HUD Condo Approved will experience less traffic as buyers and realtors cannot independently or easily verify if something is wrong with the HOA (e.g. inadequate reserves, pending or on-going special assessments, litigation, high delinquency rates, etc.). More realtors and buyers visit approved properties as more mortgage options increase the likelihood of a completed or closed transaction... The HUD condo approval in essence advertises and verifies to the market that the entire association has been reviewed and currently passes lending standards.

Also known as: Total Capital Solutions Group, LLC