The Denver HOC Condominium Team, which reviews applications for FHA approval of condominium projects is charged with determining whether condominium communities are eligible for approval of FHA backed loans. As a part of that review, the Team determines if the community meets the established guidelines. Criteria includes a review of delinquency rates, occupancyGo to Blog
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Under what circumstances does it make sense to hire a lawyer to help you prepare for a negotiation? Smart businesspeople know that those who are the most prepared for a negotiation typically achieve the best outcome. Hiring a lawyer to prepare for a negotiation – whether mediation, arbitration, or an informal face-to-face meetingGo to Blog
Most associations have about ready to start creating the 2013 budget and as this article from the Chicago Tribune indicates budgeting isn’t just about increasing things across the board or refusing to increase assessments at all — it’s about a thoughtful process. The very first thing you board should consider is what areGo to Blog
FHA Officials have advised CAI of their intent to release revisions to the existing condominium approval guidelines prior to September 2, 2012. Per CAI’s MortgageMatters post, the revisions are intended to provide flexibility for condominiums while enhancing risk management standards enforced by FHA. While we do not expect the revisions to offer substantiveGo to Blog
The City of Thornton recently instituted a Stage 2 drought warning, which places watering restrictions on residents in the City of Thornton. What does this mean for associations in the City of Thornton? Can those associations still send violation letters and/or fine for dead lawns? Colorado law says that associations can take enforcementGo to Blog