By Las Vegas Review-Journal/The Tribune Content Agency
Buying a condo in some parts of the U.S. has become harder due to recent changes in Fannie Mae’s condo policies, according to local real estate experts.
The government-sponsored mortgage enterprise recently increased the required due diligence for condo loans, and that could make some purchases harder to close in the months ahead, Las Vegas-area mortgage adviser Matt Hennessy said.
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