Condo Transactions
Made Simple
Condo transactions fall apart too often. That ends today.
Both Listing and Selling Agents can now get condos reviewed and pre-approved before contract execution.
The Problem
- Inadequate Budget
- Insufficient Insurance
- Building Certifications
- Repairs & Renovations
- Pending Litigation
The Solution
- Budget to ensure sufficient reserves
- All insurance policies to confirm adequate coverage
- Inspection reports to determine safety and soundness of the building
- Litigation documents confirming that the buyer is not at any financial risk
Most failed condo transactions can be
avoided at the listing presentation
How to list and sell condos
effectively
When listing a condo you’re selling, there are two components: the interior
space and the association
-
Interior space
We determine the value of the condominium by comparative market analysis.
-
Association
We determine its financing ability before going to the open market. We do this by gathering the following documents for review.
- Current Budget and Balance Sheet
- Copy of all Master Insurance Policy
- Start Your Condo Review Below
Listing agents now have the control
Get condo listings approved for products that require as little as 3% down
Condo Review Benefits
- Identify potential pitfalls
- Learn what financing and down payments are available
- Receive MLS approved verbiage to sell your condo listing faster
Elevate your listing presentation
- Stand out from competition in the listing presentation
- Clearly explain how to sell condos in today’s market
- Present strategies to sellers on how to maximize sales price
Have a buyer wanting to make an offer?
- Avoid delays and transaction fallout
- Prevent buyer stress
- Identify down payment requirement
- The Matt Weaver Team at CrossCountry Mortgage will provide preliminary finance eligibility and down payment insights for marketing and promotional purposes
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. Do not upload consumer-sensitive information (SSNs, bank statements, etc.).