Fannie does not allow more than 15% of the condo owners to have condo dues that are 60 days or more past due. Make sure you check this out before writing a contract!
| Posted on |
Answer: [tweet-start]Before writing a contract, check with the condo association on the % of clients 60 days overdue or more on condo fees! This matters![tweet-end] No more than 15% can be past due 60 days or more. I first suggest seeing if you can get a prior approval exception from Fannie Mae if you are […]