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Real Estate & Property Law

: The Home Equity Theft Reporter

Lenders Refuse To Finance Condo Sale Where 15%+ Of Members Delinquent On HOA Fees, Leaving Unit Owner Unable To Unload Apartment

By r morris

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In Baltimore, Maryland, WBAL-TV Channel 11 reports:The tightening of the mortgage industry is keeping one Glen Burnie man from selling his home. Dave Shaffer said he has a buyer for the home, but that buyer is having trouble getting a home loan because of a lending rule that's just recently been enforced.Shaffer is disabled and unable to work. He said he can't afford to live in his condo

Full post as published by The Home Equity Theft Reporter on May 07, 2010 (boomark / email).

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