Downtown Fresno Condos
Podcast: Philip TeresiPublished On: Tue Mar 24 2026
Description: The bill, AB 1406, would allow condo developers to better leverage buyers’ pre-sale deposits to secure financing from lenders by guaranteeing those lenders at least 6% of that deposit if a buyer defaults on a purchase. The California Assembly has approved the bill, and it is now in the state Senate. Please Like, Comment and Follow 'Philip Teresi on KMJ' on all platforms: --- Philip Teresi on KMJ is available on the KMJNOW app, Apple Podcasts, Spotify, YouTube or wherever else you listen to podcasts. -- Philip Teresi on KMJ Weekdays 2-6 PM Pacific on News/Talk 580 AM & 105.9 FM KMJ | Website | Facebook | Instagram | X | Podcast | Amazon | - Everything KMJ KMJNOW App | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.
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