Other than aspects of the loan to value as to the borrower, the property is irrelevant to seller financing.I understand you're saying that property conformity comes into play in conventional however, a seller financed loan or installment loan the property collateralized has been owned by the lender.

:)Another issue is the non permitted or non conforming number of units.

@David Krulac  I had an HOA board once deny my tenant a request for a wheelchair ramp even though she submitted doctor's notes about her disability as they said it didn't conform to their HOA rules.  

Early last week the bond got shelled and rates plummeted, then just a few days later it rebounded and massive YSP was gone overnight.If you're a borrower in a conforming loan amount and your rate is in the 6%s, and you're smart enough to figure out how to get yourself into the 5%s in a long term fixed no cost loan...consider it if the savings make a difference.

Part of that economic stimulus package is to bump up the conforming loan limit to $650,000.

That’s like 5 points for a conforming loan?

Probably about 20% of the loans I do are coded "Fannie Only" or "Freddie Only" -- the rest are 100% conforming with both sets of guidelines, so we just sell to whoever offers the most money (which often times is neither Fannie or Freddie).

Then you will have to find the code ledgend on the city zoning website to know what it means so you will know if your structure conforms..Originally posted by @Robert Arquilla:@Patti Robertson.

This will make the last unit viable.Minimum drawing requirements include, but are not limited to:Bear the seal of a register design professional, in compliance with Sections 33791.01, 4703.12, and 4733.14 of the Ohio Revised code.Plans shall be drawn to scale and shall be sufficiently clear, comprehensive, detailed, and legible so that a determination can be made for conformance with all of the applicable provisions of the currently adopted codes.Mechanical plans: unit types and sizes, system layout, ventilation requirements, and provisions, and control system diagram.Electrical plans: riser diagram including provisions for grounding, panel board schedules, lighting plan(s) and circuiting, power plan(s) and circuiting, and special systems plans.Energy calculations.Provide a site plan showing to scale the size and location of new contruction and all existing structures on the site, including setback and side yard dimensions, all property and interior lot lines, distances from lot lines, the locations of the nearest streets, the established street grades, types and sizes of all utility lines and the elevations of the proposed finished grades; drawn in accordance with an accurate boundary line survey.Submit plumbing plans and details that locate and describe all fixtures, fixture schedules, and show compliance to handicapped accessibility.

In other words, the structure was a cabin by the lake, and additional rooms were added, all without permits.The building department of the city referred us to the city board to get exception to continue the renovation of the “non-conforming” structure.