<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1061566567187268&amp;ev=PageView&amp;noscript=1">
CondoAssociation.com
Ë
By CondoAssociation.com • July 5, 2019

Can't get a mortgage in a non-warrantable condo building

Prospective buyers of units in our condo building are having problems getting FHA mortgages because we are an un-warrantable building with over 50% renters vs owners.  Its not the right owner-occupied ratio.  This is also hurting our property values.  We are thinking of passing a bylaw to curb rentals.  Has anyone experienced this before?  Florida.

Please drag open the comment box from right bottom corner to make it larger.

Please note that blog comments and postings are not legal advice, rather only the opinions of our readers.
condo-hoa-management
advertising condoassociation.com

Blog by Topics

See all

Subscribe Here!