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We are an 11 unit condo association in Virginia and can not find a $34,000 loan.  Where can we go?  

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LOAN Vs. Assessment? 100 unit condo having to deal with roofing project. New York State condo law allows bank loans for capital improvement projects. Thoughts on bank loan vs. assessment? Carmel NY.

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I was advised by PNC Bank that a Condo Association wasn't "Approved" by the government for Manufactured Home Lending. How can they operate as a Condo Association if it doesn't meet the Government Approval? There are only two banks that will loan money and it's at higher interest rates.

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Our 411 unit association foreclosed on 4 condos 7 years ago. They had a bank loans in the first position. They have never taken any action and there are 7 years of unpaid dues. We want to sue the bank for the dues. Is this possible?

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Can a HOA Board approve a loan for millions of dollars in purchasing the Clubhouse from the developer by themselves without going to the membership for approval.

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Our Condo Board is trying to require a loan to make major repairs in our building, but I am afraid that the bank will put a lien on all the co-owners property.

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Please note that blog comments and postings are not legal advice, rather only the opinions of our readers.
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