PDA

View Full Version : Condo buying problems


Croatian
09-16-2006, 10:01 PM
Hi everyone
Me and my wife are trying to buy a condo and are facing the following problem: we have been approved for a loan from Chase but they declined it for this particular condo because they checked the assosiation papers and found out there's 17% delinquency in paying HOA dues in this complex. Shold we try and get a loan from a different company or should we stay away from this condo? is 17% delinquency bad?
Thanks a lot