New Condo Financing Rules Are Reshaping Madison's Market

If you're thinking about buying or selling a condo in Madison, some important changes are coming that could affect financing, monthly dues, buyer demand, and even property values. These changes are tied to how lenders review condo and HOA communities, and the review process that many buyers once breezed through is tightening. In our latest video, we walk through four specific changes coming to the condo market, including new reserve requirements and the dates they take effect. We’ll also explain what a non-warrantable condo is and why it can shrink your buyer pool. Watch our video so you know exactly what to check before you write an offer or list your unit.