Free Assumability – Sun City Board Meeting Will Discuss Possible Changes

Over the past several weeks great strides have been made encouraging the Sun City Recreation Center Board of Directors to consider changes to the Governing Documents that would allow FHA and other loans with a Free Assumability clause.

Residents have shown up at several meetings, written letters, made phone calls and written letters to the editor of local papers.

After more than 18 months, it appears the Sun City Rec Center Board of Directors is poised to consider language changes exempting lenders who perform a foreclosure or deed in lieu of foreclosure from the mandatory Rec Center fee.

Sun City Board Meeting
Thursday, May 31, 2018 – 9am to 11am
Sun Dial Auditorium
Corner of Boswell and 103rd/Greenway
In Sun City

If you are a lender, REALTOR® or resident of Sun City, please attend the next meeting if you are in support of FHA loan products (purchase, refi and reverse mortgages) being available in Sun City.

WeMAR Free Assumability Flyer