Real estate blog entries tagged with single entity by Rob Spinosa, Mortgage Loan Originator, Marin County (US Bank)

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single entity: Let's Get Small Condo Projects - 10/31/18 07:21 AM

Let's Get Small Condo Projects

San Francisco is known for its majestic Victorian and Edwardian homes, and residents and homebuyers in the city know that sometimes these massive dwellings get converted into condominiums. Not one's traditional idea of a condo project, what was once a majestic single family home is metamorphosed into a multi-level condominium project with three separate living units, for example. But small condo projects, typically defined as two to four units, can also be other than a colorful structure in the City by the Bay. In fact, we encounter them throughout California.

Financing a condominium unit in a small project … (6 comments)

single entity: Ch, Ch, Ch, Changes to C, C, C, Condos - 06/10/18 04:14 PM

Ch, Ch, Ch, Changes to C, C, C, Condos

At various times over the last 10 years, getting a mortgage on a condominium in California could have been quite the challenge for a homebuyer. However, some changes that will go into effect at the end of June, 2018, will reflect Fannie Mae's (FNMA) increased flexibility and sensibility with lending on condo, co-op and planned unit development (PUD) projects. We're going to focus here just on the condo part and explain the key elements that should make it a bit easier for some buyers in the months ahead.

Single-Entity Ownership
Single-entity ownership poses a risk … (22 comments)

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