
Hi folks,
It looks like the lending climate may be improving for condo market here in Panama City Beach, FL. We recently received correspondence from a lender that included a list of “Approved” condos.
* Please note this information is from one particular lender. We have several that we work with that are financing condos.
What does this mean? Condos on the “Approved List” are NOT classified as condo-hotels. As a result the financing terms are better. Read more... (347 words, 1 image, estimated 1:23 mins reading time)