Buying
Deferred Maintenance is Disrupting Condo Financing
Deferred maintenance in condo communities is causing Fannie Mae to blacklist them and to deem them ineligible for the most common conventional financing. In today’s volatile housing market, condo owners and prospective buyers face a new and often invisible hurdle: Fannie Mae’s “do not finance” list. Commonly referred to as the condo blacklist, this list