Waiting to sell your condo next year? Read why you want to hurry and list your home now.

If you live in a condomium complex and contemplating listing your home for sale, you will want to consider contacting a Realtor to list your home now.

After December 31st of 2010, this year, most FHA approvals for condominium tracts will expire.  Associations will need to re-apply for approval for FHA financing.  It is estimated that 80% of condominiums will be affected. 

Approximately 40% of buyers use FHA financing.  If your home is classified as a condominium (which includes detached condos) your home's marketability will be greatly affected.

To check the status and expriration date of your condo project go to http://bit.ly/FHAapproval