Community associations are turning to social media as another way to provide information, enhance neighborhood connections and build community in general. In his recent blog post, Side Streets blogger Bill Vogrin explores two communities that used Facebook in an attempt to promote their neighborhoods and get their neighbors to connect. Is your associationGo to Resource
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FHA recently announced that barring congressional intervention, the loan limit on FHA backed loans will revert to pre-2008 amounts on loans approved after October 1, 2011. In 2008, Congress temporarily increased loan limits to 125% of the median house price in a response to the economic crisis and severe reduction in mortgage credit. Go to Resource
According to a recent article in the Wall Street Journal about delinquencies in condominium associations in Florida, “The time it takes lenders to foreclose has grown longer each year. Nationwide, residential properties are in foreclosure an average of 400 days, up from 151 days four years ago, according to foreclosure-data firm RealtyTrac Inc.Go to Resource
Banks must now follow a new procedure when they receive a bank garnishment against an account holder who receives certain federal benefit payments by direct deposit. In the past, a bank would withhold all assets in a debtor’s account when served with a court ordered garnishment. If the homeowner received certain types ofGo to Resource
In Colorado, the most common entities for new businesses are the sole proprietorship, general partnership, limited partnership, limited liability company; and corporation. When considering which structure is right for your new business you should consider the following factors: (i) the extent owners are protected from personal liability; (ii) your desired management structure; (iii)Go to Resource