02 - Condominium Loans and Special Assessments With Jim Wallace

This is the podcast version of the video interview at: http://condowebshow.com/2

On this episode we speak with Jim Wallace on the topic of Condominium loans as an option to special assessment, so owners don't have to pay tens and thousands of dollars out of their own pocket right on the spot.

Jim Wallace, owns Condominium Financial Inc. He helps condo boards, property managers and the owners through the loan process, so as an option they can get the money to help fix their buildings, because the starting point is that the building needs to be fixed, the common property. And without any money, you can't start the repairs.

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