Asked by Leslie, Santa Clara, CA • Wed Dec 30, 2009
We have applied for a loan on a condo in Oasis Country Club, in Palm Desert, CA. Our lender has informed us the the property is unlendable due tothe social dues collected under the CCRs. The social dues go to fund the restaurant in the development and this is not approved by Freddie or Fanny. Has anyone else run into this situation?
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