Posted on September 25, 2018 - 02:00 PM
by Robin and Barbara
Yes, there are income and asset requirements. To qualify the Buyer (s) must show proof of income of 4 to 5 x's the monthly association fee plus the impounded property tax and show proof of liquid assets of $25,000 to $50,000. Depending on which Mutual they are purchasing in will determine what is needed.
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Robin Gray & Barbara Dobias Berkshire Hathaway HomeServices