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……….
With 60-plus inches of snow so far and more to come, this winter is among the snowiest on record. It’s
Q. Our condominium association, with more than 100 units, had a reserve study done over a year ago. The reserve
A foreclosure does not necessarily erase unpaid condominium association assessments, the Illinois Supreme Court has ruled, but all a new