I am interested in a condo listing which is in a building that has inactive HOA in disarray.

Asked by AR, Los Angeles, CA Fri Jun 5, 2009

What does that mean and is it wise to buy condo in a building without HOA?

Help the community by answering this question:

+ web reference
Web reference:


Robert Chome…, , San Diego, CA
Fri Jun 5, 2009
It can be very tricky to get home loans on condo's right now. There are different rules for FHA, VA and conventional loans. A loan officer can help you with checking out if a condo is eligible for financing.
Web Reference:  http://socalfhahomeloans.com
0 votes
Rebecca Cham…, , Palos Verdes Estates, CA
Fri Jun 5, 2009
It depends on a lot of factors, like number of units and reason HOA is inactive. Most lenders will not lend on a propert that has an inactive HOA unless it is a small complex like 2 or 3 units.
0 votes
Search Advice
Ask our community a question

Email me when…

Learn more