As if we have not heard enough bad news about condos and townhome multi-unit developments with a multitude of foreclosures! NOW, if the HOA shows more than 15% of any community in foreclosure or in arrears, your new buyers may not be able to obtain a loan.
If you have thought about listing your condo/townhome in the near future, it may be worth a call to the HOA and check out the rating in YOUR community. Sure hate to have everything ready to close, and find out, it won't.
If you need help on any of this --- please do not hesitate to contact me!
Joan Cox
Metro Brokers - House to Home, Inc.
720-231-6373
www.JoanCox.com
About Me
- Joan Cox
- Denver, Colorado, United States
- With 13 years in real estate, I specialize in relocation, new construction, investor purchases, first time homebuyers and sellers. Ask me about my web site! Call today - 720-231-6373 In August 2009 I opened MY OWN Metro Brokers office in the Tech Center.
