Matthew Holbrook sits down with mortgage advisor John Farrell to break down how SB 326, the Balcony Bill, is reshaping condo sales across California. They explore why inspections can derail a sale, how Fannie Mae and Freddie Mac evaluate HOA risk, and why some communities are seeing major price shifts.
If you are on a board, buying a condo or managing an HOA, this episode helps you understand the financial pressure points created by the law and how to navigate them.
Topics Covered:
• How SB 326 inspections affect lending
• Why financing can collapse even when the unit is fine
• Reserve funding issues and shortfalls
• Declined lists for condos
• Special assessments and HOA loans
• Cash buyers vs. conventional buyers
• How healthy HOAs maintain home values
Follow The Uncommon Area for expert-led discussions on HOA law, governance, and property management best practices. Rather watch the episode video? Subscribe to our YouTube Channel!
Have a topic you’d like covered? Email us at marketing@actionlife.com or follow us on Facebook, Instagram or LinkedIn.
POWERED BY BLUBRRY
