The criteria for purchasing any property is, and has been, changing...especially if it's a condominium. Buying a condominium unit can be more involved than buying a single family home. This is because you have to worry about both the unit itself and the condominium project as a whole.
The financing criteria is strict and there are changes both agents and consumers need to be aware of.
My friends at Mass Real Estate Law Blog have done an excellent jobin their post today of outlining what consumers and Realtors alike need to be asking ...