Condo-HOA Blog - Covenants
Why So Few Condos in Seattle (Part 1)
The record-setting number of cranes visible in the Seattle and Bellevue skylines reflect a construction boom that began in earnest in 2015. Companies such as Amazon, Google, Facebook and other IT darlings are hiring like crazy. Like San Francisco, Seattle is a hot area to live, bringing thousands of new residents each month. With all of this growth, construction, and demand for housing, you may wonder why more condominiums are not being built in King County. read more
Now Might be a Good Time for an Association Loan
Interest rates have never been better. As a result, many owners have jumped at the chance to refinance their homes or condos at seriously low rates. Yet, individual owners are not the only ones who can benefit from these low rates. Community association loan rates are probably lower than you think. Some of our associations have seen rates in the 4% range, and they may be going even lower if recent economic trends continue. read more
Enforcing CC&Rs Through Electronic Surveillance
Homeowner association boards often struggle with enforcing certain rules, such as improper parking, failing to pick up after pets, littering and similar conduct. Electronic surveillance can be a highly effective and cost-efficient tool for homeowner associations to use in enforcing their CC&Rs. read more