Comments on: Embattled 5th & Main Condos Earn FHA Approval

By: 5th & Main Condos in Nashville Lose FHA Certification, Again | Nashville Real Estate

Wed, 31 Mar 2010 16:49:45 +0000

[...] campaign while simultaneously dropping the condo prices. This effort coincided with the development re-obtaining FHA certification in late January 2010 after a concerted effort by the project’s preferred lender, CityLife Wells [...]

By: Grant Hammond

Grant Hammond — Fri, 22 Jan 2010 01:21:00 +0000

That is my assumption, although, I have not seen any new sales as of yet. If they are able to turn the lending faucet on properly, they are going to sell a bunch and my guess is at a 15-20% discount.

By: Grant Hammond

Grant Hammond — Thu, 21 Jan 2010 19:21:00 +0000

That is my assumption, although, I have not seen any new sales as of yet. If they are able to turn the lending faucet on properly, they are going to sell a bunch and my guess is at a 15-20% discount.

By: AgentSteph77

AgentSteph77 — Thu, 21 Jan 2010 06:34:05 +0000

Wow. I hadn't heard. So I guess they are counting all those renters in the building with “lease-purchase” agreements as owner-occupants?