By Carole VanSickle – February 19, 2013

Vacation-home buyers are finding it harder and harder to finance their purchases, even with good credit and a healthy down payment. In some cases, the culprit behind their lenders’ skittishness is not even a poor market, but the state of the local homeowners’ association (HOA). Lenders in areas where property values are still uncertain due to distress, blight, or high levels of foreclosure, are looking farther afield than the address of the intended purchase in order to make a buying decision. Read more: bryanellis.com