FANNIE AND FREDDIE MAKE IT HARDER AND EASIER FOR FLORIDA CONDOS
Find out how Fannie and Freddie's new rules impact Florida condos. Discover how Fannie and Freddie make financing easier yet more demanding.
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Written by Eric M. Glazer · Florida attorney
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THE HOUSING NUMBERS JUST DON’T ADD UP
Ireally hate to be a Debbie Downer, but I have never been more afraid of an economic collapse in Florida, especially South Florida, as I do now. I couldn’t care less about the statistics that get reported about whether foreclosures are going up or not. I’m telling you that they are. I know because process…
Read more → WERE WE SUCKERED IN BY FALSE ADVERTISING?
Iremember as a kid growing up in Brooklyn, Red Buttons would do a commercial that aired in New York, promoting Century Village. You were promised beautiful spacious apartments, amazing views, golf courses, endless entertainment and simply the perfect dream place to retire to. So forty years later, we learn…
Read more → MY APOLOGIES TO THE FAMILIES OF THE VICTIMS
Today, I feel sadness for the victims in Surfside and their families. I said a million times on the air and in columns that they did not die in vain. I swore that as a result of their deaths, The Florida Legislature would ensure that at least some forms of reserves would be mandatory, that inspections by…
Read more → IT MAY BECOME IMPOSSIBLE TO GET A NEW MORTGAGE IN MANY CONDOS
As if condos didn’t have enough problems, Fannie Mae and Freddie Mac have just come out with new guidelines that condos must follow. Fannie Mae and Freddie Mac are government-sponsored agencies that purchase large quantities of home loans to keep money circulating throughout the home mortgage economy. They…
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