Buying a Condo in Arizona

Buying a condo in Lake Havasu and other places in Arizona as well is much easier if the buyer is paying cash. We have only 2 condo places in town that are approved for FHA loans.

To qualify as a condo complex with Conventional Loans here are some of the general guidelines:

• 51% owner occupied (primary or second homes)

• No more than 15% past due on HOA dues

• No more 10% can be owned by a single entity

• Budget Review

• Reserve Review

In a town where a large percentage of our buyers are second home owners you can see how you can run into some difficulty. Ask your Realtor some questions before you start the process if a condo is what you are looking for.

For more information click on this link Buying a condo in Lake Havasu and other places in Arizona as well is much easier if the buyer is paying cash.

For more information click on this link Condo Guidelines for Lenders


supplied by

Russell M. Ideishi

Mohave State Bank Mortgage


The G-Force of Havasu, Brenda and Willie Gonzalez are here for all your Real Estate Needs. Put the Power of The G Force to work for you today! Call Now! Office 928-505-5478 Brenda Cell 928-846-6044 Willie Cell 928-846-6046 www.YourLakeHavasuHome.com