Who’s Your Lender?

Jon Real Estate Leave a Comment

Typically, it’s not a question that buyers need to ask sellers. Of course, there’s nothing typical about today’s real estate market, and in particular, the condominium market.

Today’s article in the AJC on the troubles of Corus Bank– the construction lender on several Atlanta condominium projects (including Luxe, AQUA, The Atlantic, The Brookwood, Horizon at Wildwood, and Mezzo) makes an important point and provides a lesson for new construction condo buyers. Know who “”the guy behind the guy behind the guy”” is, and become familiar with what their particular situation might be. It may have a major impact on the future value of the home that you’re thinking about buying…

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