By: Stephanie Diana Gast- Wilson So, it is industry common knowledge that federal lending agencies regarding condo project financing only lend in condo projects that are primarily in residential complexes. However, there is a tricky question that keeps coming up regarding this vague principle keeps coming up. The question being if apartment complexes in condo … More When Is Commercial Space Not Commercial Space?
Yes, there is a difference between site condos and detached condos and they are underwritten differently as well. … More Site Vs. Detached Condos
By: Stephanie Diana Wilson Now this is a phase I have had to explain over and over drives me nut. It drives me nuts when sales reps and branches try to tell me a subject unit is, “it’s a townhouse not a condo”. Which is a common statement in DC and Colorado where there are … More It’s A Townhouse NOT a Condo?
By: Stephanie Diana Wilson Based on questions I have been getting not just at work but; from other friends who work in the mortgage field a blog post on Florida Condo Underwriting guidelines since they differ greatly from condos anywhere else in the country. Or as one of my friends in the mortgage industry says, … More Florida the Sunshine State with Different Condo Rules
A little bit of info on the writer. … More About The Author of Condo Land