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The buyer came to me after their purchase loan was declined by Bank of America due to the property lacking a master HOA insurance policy. Although classified as a condo, the property consisted of just two units, which created confusion and ultimately led to the denial. I was able to step in, properly structure the deal, and secure conventional financing without issue. By understanding how to navigate unique condo scenarios and lender guidelines, we were able to get the loan approved and keep the transaction moving forward smoothly.

Property Details

Price: $1,340,000

City: Redondo Beach

State: CA

Zip Code: 90278