This entry was written by Paula Siegel, Escrow Officer with Fidelity National Title.  She can be reached at psiegel@fnf.com. 

Most disclosure packages in San Francisco are prepared and
presented to interested buyers so they can review these disclosures prior to
writing an offer. There is a lot of important
information in these packages, and although some of them look big and imposing
(especially for some condominiums), it is important to read all of the
documents. If you have any questions
while you are reading, note them and be sure to discuss any questions or
concerns with your agent.

There has been increased focus during the last few weeks on how comapnies and individuals get loans--from the availability of money to the increased standards applied to individuals who apply for all types of loans, including mortgages. 

Before we get started, it is important that you understand that the conversion of units to condominiums is governed by local and state laws.  For buildings with four units or fewer, San Francisco City and County laws govern  the process.  For larger buildings (five or more units), the California Department of Real Estate (DRE) regulations also apply.  These laws and regulations can change at any time.