Condo-HOA Blog - Hoa
Changes to Revised FHA Condo Guidelines Announced
On November 6th, the Federal Housing Administration (FHA) finally issued major changes to its revised guidelines on mortgage insurance requirements for condominium associations. Because the Administration is extending the "Spot Approval" process through January 31, 2009, we highly recommend any association that was contemplating obtaining FHA certification to act without delay before the comprehensive certification process is enacted. read more
Due Diligence When Buying a Condo or HOA home
Buying a condo can be more complex than buying a single-family home. For a successful purchase, make sure to perform proper due diligence, including conducting a visual inspection, review of governing documents, budgets, meeting minutes, insurance and reserve study. read more
End of Session Legislative Update for Washington
End-of-session legislative update for Washington including important bills on tenants rights for conversions, reserve accounts and studies and what happened to the HOA Act Committee Bill. read more
Email and HOA Board Action
Although most board members know not to take any board action via email, the line between casual communication and official board action easily can be blurred. To the highest degree possible, HOA board members should reduce email communication. read more