FHA Approval Received!

Good News! Talltree South has been approved by the Federal Housing Administration (FHA). This means that someone can purchase or refinance a unit using an FHA loan. Under the old rules, spot approval could be granted, but withthe new rules, condo associations must request FHA approval in advance.

Given the prevalence of FHA loans in today’s housing market, this means that it is easier to buy or sell at Talltree South than in complexes without FHA approval. FHA loans encourage lenders to lend, assuring them that they will be paid back by the federal government in case of default.

Annual Meeting

The Annual Meeting of Talltree South is held in October. It is very important that ALL owners attend, in person or by submitting their proxy form, so that a quorum is present. Even owners living offsite should attend or submit their proxy. If a quorum is not present, the association may be forced to reconvene, costing YOU additional money for mailings, meeting expenses, etc. In addition, this is your opportunity to make sure that your community is well managed. Tenants are also welcome, although only owners may vote.

Our Staff

Kelly Dillon
Kelly Dillon
Talltree South
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Steve RugenSteve Rugen
Cardinal Management Group