Category Archives: Rental Restrictions

What Say You About the Ability (or Not) to Get Financing of Unit in A High Rental Percentage HOA Property?

Hello out there lenders. I need feedback. A reader send me an email after reading the article on my website about Lease Limitation Restrictions (are they legal in California). She questions my assertions that the lending pool shrinks when the owner occupancy ratio sinks, because of the secondary mortgage market guidelines limit or restrict purchase [...]

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Rental Restrictions Help Some, Not Others, Let’s Get Real.

The following is a note from a reader about rental restrictions:   “Please keep your articles on rental restrictions coming! Our story relates to our board’s lack of uniformity in rule enforcement.  Our HOA that passed a rental restriction in 2006. All current owners were grandfathered in so even those who were not currently renting [...]

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