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Rainmaker
1,157,485
FN LN
Toronto, ON

For some condo buildings where high ratio mortgage insurance is required, the insurance companies do not provide insurance because the building does not meet their risk criteria.

Jul 27, 2015 10:21 PM
Rainmaker
5,571,343
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

yes, the dust has settled in my area....it's been stable for a couple of years now....

Jul 27, 2015 09:40 PM
Ambassador
4,312,753
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Ed Macias -there are always a few who has these challenges - good times or bad times!

Jul 27, 2015 02:02 PM
Rainmaker
3,985,837
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Yes, and we never in much trouble

Jul 27, 2015 01:53 PM
Ambassador
3,986,660
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Most that I know are very stable adn doing well. I am meeting with my HOA PM tomorrow to make a plan to do some exterior improvements on the condo buildings. It's time to invest and there should be plenty of money.

Jul 27, 2015 11:43 AM
Ambassador
3,034,690
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

they were never off their feet here.  Even if the building had a foreclosure the bank paid the HOA fees.

Jul 27, 2015 11:23 AM
Rainer
314,048
Caroline Gerardo
Sun West Mortgage Corporation - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

Few - not as bad as Florida but many do not have Fidelity insurance or have under-insured for even fire. Units built last 10 years seeing the three law firms here that hit them up for class action construction... (only the attornies benefit from these) Low owner occupancy seems it will remain as investors buy condos to rent rather than first time buyers. In coastal California price points are so high it's difficult for w-2 earners to get in. And in Florida? @ Ed Macias

Jul 27, 2015 07:52 AM