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Associations and Regulations
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Written by Pamela Dittmer McKuen, Special to the Tribune
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Board members know they aren't supposed to run off with their community association's reserve funds. That's an obvious conflict of interest, and illegal, to boot.
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Associations and Regulations
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Written by Pamela Dittmer McKuen
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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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Buying a Condo FSBO
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Written by Mary Shanklin, Orlando Sentinel
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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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Associations and Regulations
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Written by Pamela Dittmer McKuen
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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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Associations and Regulations
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Written by Pamela Dittmer McKuen, Special to the Tribune
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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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