VA-backed mortgage faces hurdles in condo association
Q: I am a veteran and am trying to refinance my condominium unit through a mortgage backed by the Department of Veterans Affairs. However, our condominium declaration includes a right of first refusal, and the VA has stated that this provision must be eliminated from the condominium declaration before the VA will certify the association property as eligible for VA mortgages and refinances. Read the article……….
A Carol Stream condo association must fix more than 100 code violations at its complex just west of Gary Avenue
Q. A homeowner in our association refuses to follow our rule that prohibits feeding of the birds or wild animals.
A big North Side condominium complex has gone up for sale, another prospect for developers that convert condos into apartments.