Fannie Mae has updated its list of condo buildings which have received the Special Approval Designation.  The special designation makes it possible to obtain financing for condos in these buildings.  The following three well known developments have been added to the list:

Harbour House
Isola
Neo Vertika

A complete list of condo developments in Miami-Dade County given the Special [...]

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About a year ago, Fannie Mae implemented strict lending guidelines that effectively put the lights out on the Florida condo market. In particular, these stringent guidelines made it next to impossible for buyers to obtain financing in the vast majority of condo developments in South Florida.
Earlier this afternoon, Fannie Mae made the announcement that it [...]

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As of June 1, 2009, Fannie Mae updated their website to reflect the condo developments in Florida that are now approved for financing.
The following is a list of recent condo developments in South Florida that are now Fannie Mae approved:

50 Biscayne
500 Brickell (East & West)
900 Biscayne Bay
Artech
Brickell on the River South
Everglades on the Bay (North [...]

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As of yesterday, Brickell on the River South became a Fannie Mae approved development.  As a result, creditworthy buyers will now be able to acquire financing.  This should help Brickell on the River South to bolster sales of its remaining lofts.  1 bedroom lofts start at $180,000 while 2 bedrooms start at $272,000.
I know of [...]

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Last Friday, I had the pleasure of having lunch with Jared Beck and Elizabeth Lee Beck of the business litigation law firm, Beck & Lee.  Jared Beck, who pens The Magic City Harvard Lawyer blog, raised an interesting question: Can contract holders of condos in Miami scheduled to close in the coming months use the [...]

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