Ads
related to: calculating rental income fannie mae approved condo search florida real estate
Search results
Results From The WOW.Com Content Network
The guidelines made reserve studies mandatory for all newly converted, non-gut rehabilitation condominium developments to be eligible Fannie Mae project approval. [18] All other types of condominiums have the option to submit a compliant reserve study or must add a budget line item for reserves equal to 10% of the yearly assessment income.
Fannie Mae, a federally chartered companies that helps determine who qualifies for home mortgages, has for at least two years maintained a confidential database of condo buildings that it won’t ...
The most current incarnation of the URAR is the Fannie Mae Form 1004 [1] updated for March 2005. It is considered a full appraisal with all three approaches to value, cost approach, sales comparison approach, and income approach. [2]
A 100 GRM (monthly rents) = 8.33 GRM (annual rents). An 8.33 GRM calculated on annual rents suggests the gross rent will pay for the property in 8.33 years. The common measure of rental real estate value based on net return rather than gross rental income is the capitalization rate (or cap rate). In contrast to the GRM, the cap rate is not a ...
The firm also maintains offices in Broward and Palm Beach counties, and its attorneys focus on real estate, community association, construction and insurance law. www.SiegfriedRivera.com , MHyman ...
Many condominium associations in Florida and across the country have been surprised to learn in recent months that their buildings have been blacklisted by the government-sponsored Fannie Mae ...
Ad
related to: calculating rental income fannie mae approved condo search florida real estate