Fannie Mae recently published revised lending guidelines for condominium properties. The guidelines include changes to insurance, delinquency, loan-to-value (LTV) and owner-occupied ratios. read more

Developer abandonment is likely to become a serious issue in the coming year for many homeowner association communities. Partially completed subdivisions and newer communities more prone to home foreclosures are the ones most likely to suffer, experts say. . . Homeowners in neighborhoods with underfunded HOAs have seen their association fees increase at the same time amenities and services are being reduced or eliminated. read more

Condo auctions may be the new trend in condominium sales. Purchasers of a condominium unit at auction should exercise heightened due diligence to protect their interests. read more

Homeowner association common area holiday decorations should not create a feeling of being left out. Open participation by all members of community is the best way to eliminate complaints and ensure a safe, happy and harmonious holiday season. read more

The sky is not falling, but we are experiencing substantial economic turmoil that will be with us for many months to come. A homeowner association board of directors should take specific, aggressive and proactive steps to protect itself and its members from the fallout from this recessionary economy. read more