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

New Fannie Mae regulations. read more

There is a lot of prospective legislation (both locally and nationally) affecting homeowner associations and individual homeowners. This heightened level of legislative activity in this area appears to have increased probably in part as fallout from the economic crisis. read more

Status of H.R. 1106: "Helping Families Save their Home Act of 2009" is uncertain. The law would give bankruptcy judges the ability to 'cram down' the principal balance and monthly payments, wiping out tens or even hundreds of thousands of dollars of money owed in an effort to keep more people in their homes and to stabilize the housing market. read more

Updated on HR 1106 read more