Hey All!
Big morning over at the Board of Realtors- We approved the Richmond Association of Realtors legislative package that will be sent to the Virginia Association of Realtors and pushed into the General Assembly next year. One of the items we are pushing for is that condo associations must disclose how many units are in default on their association dues within the first 14 days after a signed contract. The lenders need this information to provide the financing, so we would like to have it available early so buyers don't loose a lot of time if the lender won't except the association's bad blood. The way we want to deal with this is to make it required that the home owners' associations make this information available in the HOA package. Just looking out for the consumer! See all the fun stuff we get to deal with!
Graham Johnson ABR,CNS
Coldwell Banker Johnson & Thomas
504 Libbie Avenue | Richmond | Virginia | 23226
O 804.288.4163 | M 804.873.3504 | F 804.285.9328
www.richmondvahomesearch.com
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