From a tipster trying to close on a condo at The Beacon:
[L]ast week we were trying to move on a unit at The Beacon and found out some pretty bad news: Chase, BofA, and Wells won’t fund loans on units at The Beacon due to some lawsuit related notes on the title reports.
I’m not sure if this applies only to some units or to all (since the lawsuits involve the HOA which presumably would mean all units), but we talked directly to someone at Chase and they said they last tried to run a loan on 3/19/09 and weren’t able to do it.
Our first thought: Association Battle Over Unpaid Bills Brewing At The Beacon? Can a plugged-in person with access to said notes possibly shed some light?
∙ Association Battle Over Unpaid Bills Brewing At The Beacon? [SocketSite]