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Unfinished town homes will have problem getting financed


Question:

There are town homes that have been built in Florida. There are a total of 4 beautiful units; however, the condo documents and budget will not be created until all four are sold. Isn't this risky and will it be hard to obtain a loan? Three of the four offers on these units fell apart and they have been on the market for 9 months.


Answers (2)

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