Condo approval · The Real Estate MC

Find out early if the condo will finance, before the contract.

Condo deals can fall apart when the association doesn't qualify for the buyer's loan. Send me the budget, balance sheet, and insurance, and I'll give you an early read on what the building can likely support before anyone signs.

Call (619) 370-6519

No cost. Not conditioned on referrals.

LISTING AGENTS
  • Market the unit to buyers who are likely to finance it
  • Weigh offers with the financing in mind
  • Fewer surprises before closing
BUYER'S AGENTS
  • Know which condos are worth showing
  • Structure an offer that fits the building
  • Protect your buyer and your deal
WHAT I REVIEW · BEFORE CONTRACT
  • Budget and reserves
  • Balance sheet and delinquencies
  • Master insurance coverage
  • Litigation and special assessments

Many condo financing problems can be caught at the listing presentation.

How it works

Three steps to an early answer.

  1. 01 · UPLOAD

    Send the association docs

    Budget, balance sheet, and insurance certificates, plus anything else you have. Drag and drop from your phone or computer.

  2. 02 · REVIEW

    Michael reviews the building

    Reserves, delinquencies, insurance coverage, litigation, special assessments, and anything else that affects financing.

  3. 03 · KNOW

    You get an early read

    Which loan types the condo is likely to support, plus the red flags to address before the contract.

Start a review

Send the condo to Michael.

Takes about five minutes. The more documents you include, the more complete the review.

1. The deal
Are you working with a buyer or a seller?
2. Association documents

The seller or the association's management company can usually provide these; some charge a document fee. The more you send, the more complete the review. Please don't upload personal financial information like Social Security numbers or bank statements.

Association budgetCurrent year.
or drop them here. PDF, Word, Excel or photos, up to 25 MB each.
    Most recent balance sheetShows reserves and delinquencies.
    or drop them here. PDF, Word, Excel or photos, up to 25 MB each.
      Certificates of insuranceAll that apply: property, flood, wind, liability.
      or drop them here. PDF, Word, Excel or photos, up to 25 MB each.
        Anything else (optional)HOA questionnaire, reserve study, inspection or milestone reports.
        or drop them here. PDF, Word, Excel or photos, up to 25 MB each.
          3. A few quick questions
          Is the association involved in any active litigation?
          Are any repairs, improvement projects, or special assessments in process or scheduled?
          Does the condo include a recreational lease or other mandatory memberships?
          4. Your contact info
          Questions

          What agents ask about condo reviews.

          Listing agents and buyer's agents, before or after an offer.

          Want marketing for the listing too?

          Co-branded open house flyers, buyer materials, and social posts.

          See agent marketing →
          Michael Chiodo · The Real Estate MC
          Mortgage Loan Originator, NMLS #378308
          CrossCountry Mortgage, LLC · NMLS #3029
          (619) 370-6519 · mchiodo@ccm.com · nmlsconsumeraccess.org

          Equal Housing Opportunity. This is not a commitment to lend. All loans are subject to credit approval, underwriting guidelines, and property eligibility; program availability varies. Condo reviews are preliminary and for planning purposes only. Final project eligibility is determined through full underwriting and applicable investor or agency guidelines. This service is provided at no cost and is not conditioned on referrals. Licensing · Privacy

          Real numbers. Real deals. Real life.
          therealestatemc.com/condo-approval