Location is California. I'm backed into a corner and unsure what to do. Was in the final process of selling a condo, already moved to a new place, and it was found that because of the new california law SB326, there are balconies in the community that all need to be fixed before fannie mae is willing to fund the loan. Not MY balcony but other people's balconies in the community that need to be repaired within a 0-1 year timeframe. The main issue: SB326 requires HOA communities to do inspection for balconies that need repairing and have enough of a budget to do so. The HOA has done this and is compliant with the law. They think their job is done. However the report was done 1.5 years ago and the repairs have not been completed, so now fannie mae is not willing to fund the loan without repairs being COMPLETED. its a weird situation where the HOA is compliant with the law, but if fannie mae wont fund the loan then no one is the community can sell their house or refinance, because when I google it, fannie mae buys 66% of the mortgages (basically all the prime mortgages) in the US meaning without fannie mae's approval I do not have a buyer pool. HOA has been quiet about it and i'm unsure how to proceed as now i'm paying $3500 a month on a place i've moved out of and cant really sell and i have a new mortgage that i'm paying even more on. Looking to possibly sue based off of HOA breaking the law for not completing their fiduciary duties.