Condo Financing Changes: What Chicago and Evanston Buyers Should Know

When buyers think about qualifying for a mortgage, they usually focus on their own finances: income, credit, down payment, debt, and interest rates. With a condominium, however, the building itself can also affect financing. A financially qualified buyer may still encounter lending issues if the condominium association does not meet a lender's requirements. Reserves, insurance, deferred maintenance, special assessments, litigation, and other association matters can all affect whether conventional financing is available for a particular unit. Read full article here: https://www.willtveit.com/condo-financing-changes-chicago-evanston

Selling an Evanston Condo: What to Do Before You List

Selling a condo in Evanston is not quite the same as selling a single-family home. Buyers are evaluating not only your unit, but also the building, the association, the monthly assessments, the reserves, the condition of the common areas, and any upcoming projects or special assessments. That means the preparation starts before the photographer arrives. Read full article here: https://www.willtveit.com/selling-an-evanston-condo