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Hi, We are closing on the sale of our house in a few weeks and we found a condo in a small 4 story bldg(6 units, 3 are In contract) and would like to put in an offer. However there is no C of O yet. Can we obtain a mortgage? Do we have to wait until they have a C of O to move in? I will consult my lawyer obviously once my offer gets accepted, just wanted to hear your thoughts. Also the condo seems to be priced right for this market, but should we still submit an offer at 15% off the newly reduced asking price?

Thanks so much!