04/27/2026
The condo market is tricky right now and here's why.
HOA reserve funding requirements have gotten stricter over the last
few years. A lot of buildings haven't kept up. That creates real
financing problems for buyers trying to get approved and for owners
who want to refinance.
Banks require condo associations to have adequate reserves before
they'll fund a loan. If the building doesn't meet those requirements,
the deal can fall apart even when the buyer is perfectly qualified.
It's not a dealbreaker if you know what to look for before you get too
far down the road.
That's what I'm here for, 40+ years in this business. I've seen this
situation more times than I can count, and I know how to navigate it.
Thinking about buying a condo or refinancing one you already own?
Let's talk before you hit a wall.
