Condominium properties in San Francisco flagged by Fannie Mae & Freddie Mac

Issues ranging from major structural concerns to minor technicalities in building contracts can land homes on the mortgage blacklist.

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Mandatory membership requires owners pay a third-party organization for the use of pool, beach, golf course, etc. Common Interest Community is when development is owned by several owners as tenants-in-common or by an association of individuals who have undivided interest in building and land, and exclusive occupancy of a specific unit.

Source: Allcock Marcus