In The Wake Of Surfside Part 2: An Interview With Ben Stephens About Condo Financing
Update: 2022-04-20
Description
In this interview with Ben Stephens of Capital City Home Loans, we discuss the changes made to the Fannie Mae and Freddie Mac lending guidelines in the wake of the Surfside Condo collapse. These changes aim to combat aging infrastructure and significant deferred maintenance in condominiums. What are these changes and how do they impact a buyer's ability to obtain financing for a condo purchase? What challenges do condominiums face in the future? What can condo association boards do to make sure their condominium satisfies lending requirements? Ben addresses all of these questions and more in this episode of the Miller Group Real Estate Show.
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