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What Makes a Condo Complex Unwarrantable?

Kim Ward
August 28, 2024
probateandtrusthelp.webflow.io/post/what-makes-a-condo-complex-unwarrantable

Introduction

Unwarrantable condos are properties that do not meet the lending guidelines set by Freddie Mac and Fannie Mae, making it difficult to secure conventional financing.

In this week's video, we explain what it means when a condo is considered unwarrantable and why this matters for buyers and sellers.Common issues include insufficient insurance coverage, high investor concentration, and delinquent HOA fees.

Whether you’re a buyer, seller, or real estate professional, this video provides valuable insights into navigating the complexities of unwarrantable condos.

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