On April 20, 2010, Marina Blue received a letter from Fannie Mae stating that the building has been accepted under Fannie Mae’s Special Approval Designation for twelve months.  Qualified buyers will now be able to obtain financing using a Fannie Mae conventional loan.
Potential buyers may want to take a look at unit 2203 at Marina [...]

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I was notified earlier this week that The Mark on Brickell was granted the Special Approval Designation by Fannie Mae.  This news hasn’t been disclosed on the Fannie Mae website yet but the information has been confirmed.  It should appear on the site this upcoming Monday when their next update is released.  It will now [...]

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This news came across my desk yesterday afternoon and I was quite surprised.  I verified the information on the U.S. Department of Housing and Urban Development (HUD) website.  It appears that Neo Vertika received its FHA approval on February 2, 2010 and 1800 Club received theirs on March 18, 2010.  Down payment requirements for qualified [...]

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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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