Can you purchase a condo or townhouse if someone owns over 50% of the units?
Channel: The Luevanos Group at eXp Realty | Los Angeles
Date: 2020-12-22

Can you purchase a home using tradition financing if one entity owns over 51% of the units in an HOA?

Typically no! But there is one exception.

If the developer own more than 51% of the units, then it will qualify for traditional financing.

#homebuyertips #homebuyer #homebuyers #firstimehomebuyer #homeownership #homeseller #homesellertips #realestatemarket #losangelesrealestate #losangelesrealtor

___ 

Instagram: https://www.instagram.com/theluevanosgroup/ 
Facebook: https://www.facebook.com/theluevanosgroup 
LinkedIn: https://www.linkedin.com/company/theluevanosgroup/ 
Twitter: https://twitter.com/luevanosgroup 
TikTok: https://vm.tiktok.com/ZMJb5eLum/ 
Website: http://theluevanosgroup.com 
Spotify: https://open.spotify.com/show/1DlXsQ9381PILEYt2UNvy0?si=kX9mkcSCQP-Ykw-1CEpRRg 
Apple Podcast: https://podcasts.apple.com/us/podcast/the-homeys-real-estate-podcast/id1543488853