By now, most people are aware of the condominium certification requirements imposed by the FHA. In short, if a condominium community is not FHA certified, purchasers cannot utilize FHA financing to purchase a unit in such community. What does that mean in reality? It means many first-time home buyers are unable to purchaseGo to Resource
Category: Community Associations Miscellaneous
Early this month, Loura was awarded the Outstanding Volunteer Service Award for her work on the Community Next: 2020 and Beyond project. This project explored the future of community associations and developed this report. The report suggests ways that we can impact community associations of the future through things we do today. CongratulationsGo to Resource
When I see the words “social” and “engineering” in one sentence, my brain immediately goes to the scientific and medical side. But in this case, we’re talking about something completely different. The term, in this case, refers to the Social Engineering Fraud Endorsement that may be added to a fidelity/crime policy held byGo to Resource
Almost every Association has the one property that the owners have abandoned and that the bank is dragging its feet on to foreclose. What can an association do to try and get the bank to move along the foreclosure process? One solution may be to file a complaint with the Consumer Financial ProtectionGo to Resource
It’s hard to believe the Community Association Manager License requirements took effect almost an entire year ago, and we are now approaching the first annual CAM renewal deadline, which is only a couple of months away (June 30th). Since the license renewal process is a first for Colorado CAMs, there will no doubtGo to Resource