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�.. �� S+" Mrtrn^a ¢ -.�>r +r s'z' a� n, �'e � �•�r ,."'�� �z�f�,��' Y'`tis. ,a-,^''<ti ' '?*�N 4���.+5������'e�i • <br /> � s�� dY �t.�� '�'"� �v�i"�� 4„ '� �" t� k *�'" �xfi- „r was•.z �`� r .�� <br /> ;,, �r5�°��, `.�� iti�r'�j��+t<s-��5,�5�� � �rc z,r w,+ a,.� t��i� t }`�.r`k.':`�` ��ta"t�� �.-�i1`�LLx�•}:a 5-.� '�°moi, <br /> 5651 N. PERSHING AVE. SUITE A-4 <br /> STOCKTON, CA 95207 <br /> PHONE 472-0200 FAX 472-0204 <br /> December 1, 2000 <br /> Mr. Covey <br /> Concerning your request to ascertain the impact of a ten year Continued <br /> Affordability Agreement between the property owner and the County of San <br /> Joaquin on obtaining mortgage financing: We have queried two FHA lenders, <br /> both of which told us they would not be interested in writing a mortgage under <br /> such conditions. Their reasoning was, peradventure they had to foreclose on <br /> the property, they would be in possession of property with an unwarranted <br /> restraint on alienation. <br /> erely; <br /> r <br /> Frank E enberger <br /> Real Estate Broker <br />