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A Federal “Naughty List” is Making Some California Condo Sales Nearly Impossible (SF Chronicle March 23, 2025)
A recent San Francisco Chronicle article highlights a crucial issue for both condo buyers and sellers: some California condo buildings are flagged in a federal database as ineligible for conventional financing. The reasons behind this vary—from structural problems to missing documentation—but the outcome is the same: many lenders won’t approve mortgages for these properties.