Condominiums

Transparency at Heart of Board's Ethical Standards E-mail
Associations and Regulations
Written by Pamela Dittmer McKuen, Special to the Tribune   
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Board Agendas for 2012 E-mail
Associations and Regulations
Written by Pamela Dittmer McKuen   

The days roll over into another year, and community associations face new and ongoing challenges. We asked several industry pros to tell us what's in store for 2012:

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Condo sales threatened by loss of FHA loans E-mail
Buying a Condo FSBO
Written by Mary Shanklin, Orlando Sentinel   

Orlando's condominium market, one of the hardest-hit in the country, faces further challenges because of federal policy changes that now limit mortgage financing for buyers seeking to purchase available units.

Of 68 condo complexes in the Orlando area, 44 have already lost a big part of their financial lifeblood: the mortgage-backing power of the Federal Housing Administration, which generates loans with some of the lowest down payments in the industry.

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Tips for Being on a Condo Board E-mail
Associations and Regulations
Written by Pamela Dittmer McKuen   

Sitting on the board at your community association can be a pleasure or a pain. Or both. The experience is rewarding when the property looks great and runs well, and you know you played a part in that. But it's frustrating when criticism pours in, which it does.Perhaps you're a new board member or thinking about throwing your hat into the ring in the next election. To get you off and running, several industry pros offered these insights.

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What to Look For in Association Reports & Records E-mail
Associations and Regulations
Written by Pamela Dittmer McKuen, Special to the Tribune   

Summer closes and budget season opens. Now is the time when community association boards and finance committees start figuring out how much money they spent this year, which projects they'll take on next year and how high the assessments will go.

Everyone's cost-conscious these days, and associations, which have been hit hard with delinquencies and foreclosures, are no exception. We asked a panel of industry pros for their best dollar-stretching tips for 2012. Here are their recommendations.

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