Latest / Mortgage Research Network Podcast
The Growing Financial Pressure Facing HOA and Condo Residents
HOA and condo residents are facing growing financial pressure as higher costs, underfunded reserves, and stricter lending requirements collide. At the same time, HOA-related foreclosures have jumped nearly 40% in two years, raising concerns about what happens when struggling associations pass their financial problems on to homeowners. Tim Lucas and Craig Berry examine the new condo reserve requirements, why dues could rise, and how unpaid HOA assessments can ultimately put a homeowner’s property at risk.Connect with Mortgage Research Network:YouTube…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.