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Funded Is Not Fixed
An owner in a condo community is under contract to sell. Two weeks before closing, the buyer's lender comes back and says the project doesn't qualify. Not the buyer — the project. The deal dies. The owner is furious, the manager is fielding calls, and the board is genuinely baffled, because the thing the lender is asking about is a balcony repair the association already assessed for, already collected on, and already built. Two years ago. The board's reaction was exactly righ
dhaconstructionman
Sep 95 min read
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