Latest / The OMC Real Estate Podcast
The Hidden Problem That Could Hurt Condo Values
You have great credit, plenty of income, and enough money for the down payment. So why would a bank still refuse to finance the condo you want to buy? Something important is changing in the condo market—and it has more to do with the HOA than the buyer. In this episode, Vaibhav Puranik explains what started after the Surfside tragedy, why getting a conventional condo loan is becoming more difficult, and the surprising way these changes could affect the future value of millions of condos.
The skinny
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