ARCHIVED BLOG POSTS
2013
3
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We Still Don’t Want “Those” Buyers Here In speaking to condominium associations about the importance of getting on the FHA Approved Condominiums List, I am still banging my head against the table when I hear “We Don’t Want Those Kinds of Buyers Here.” Even after working to dispel the myths that t...
11/19/2013
Are Second Homes Considered Owner-Occupied or Investor-Owned? Last week I received an incoming inquiry generated from our pre-qualification page on the company’s website. I reviewed the answers and it didn’t appear that this condominium project was eligible for FHA Condominium Project Approval. ...
11/18/2013
VA Condo Project Approvals – Pre-Sale Requirements Last week I received a relatively rare call inquiring about VA Condominium Project Approvals. Evan, a loan originator, mentioned that the project was on FHA’s Approved Condominiums List and was asking what it would take to get on the VA’s list. I...
11/17/2013
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Earning Money in Our Home Two years ago, my boys and I moved in with my girlfriend, Joyce. My Joyce is a Board-Certified Behavior Analyst who works primarily in the area of behavior modification for kids with developmental disabilities, most namely Autism. She is an expert at employing the meth...
11/17/2013
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My Kids Invoice Me For Chore Money Back in 2008, I had grown tired of my boys asking me to buy them toys every time we stepped foot into a store like Target or Walmart. It had been their mother's method for keeping them in line in the store "if you're good, I'll get you this." I devised a system...
11/15/2013
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FHA Certification and Your HOA Bob Gourley is a former President of the Board of Directors of the Connecticut Chapter of the Community Associations Institute (CAI-CT). He operates an incredibly informational condominium site called MyEZCondo and runs a Q&A page on the CAI-CT website called "Ask ...
11/14/2013
Family Sues HOA for Banning Kids from Trick-or-Treating This was the heading for this article about a family that moved into a 30-unit housing association in California. It is the only family in the gated community that has children and the parents were told that the children were not allowed to...
11/13/2013
34
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Can a Condo Board Publish a "Shame" List? I ran across this article today on the Sun Sentinel website in Florida where it was asked if a condominium association board can publish a "shame" list of unit owners who are delinquent in the payment of their monthly common charges. The obvious reason i...
11/12/2013
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Condo Buyers' Issues with FHA Financing I read this article yesterday that reported from the 2013 Realtors® Conference and Expo. More specifically, it spoke about the troubles FHA buyers are having buying condominiums and how FHA's rules on condominium project approvals are affecting the condomi...
11/11/2013
Not having been in the mortgage business since 2010, I don't typically pay attention to how things will impact the mortgage business. Along with the many "unintended consequences" [insert sarcastic tone] of Obamacare, this could be another potential one. Healthcare costs are not included in a b...
11/08/2013
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