Condo Financing
What Is the HOA Delinquency Rate?
The percentage of owners behind on dues. Over 15% blocks conventional financing. How to check before buying.
The percentage of owners behind on dues. Over 15% blocks conventional financing. How to check before buying.
One-time charges for major repairs not covered by reserves. Range from $5K to $400K per unit. How to spot the risk.
The legally binding rules governing your HOA community. Rental restrictions, pet policies, and what buyers must check.
An engineering and financial report projecting repair costs and funding levels. How to read one before buying.
How to read the most important number in an HOA reserve study. Formula, risk bands, and what it means for your purchase.
6 Fannie Mae criteria that block conventional financing. How to check before you buy and what your options are.
FHA and VA each evaluate the building before approving your loan. Owner-occupancy, reserves, delinquency, and VA-specific dealbreakers compared.
The official record of board decisions and the clearest early warning of upcoming special assessments. What to look for in 12 months of minutes.
Washington's single statute (RCW 64.90) governing every condo and HOA. As of January 1, 2026, it applies to all common-interest communities.
Florida-mandated structural inspection of condo buildings 3+ stories. Every 10 years. First deadline December 31, 2025 (extended by HB 913).
More terms coming soon. Looking for something specific? Check our blog for in-depth guides.