Condo-HOA Blog - Wa Condominiums
Lenders and Squatters Accessing Homes Prior to Foreclosure
There have been several recent reports in the media and Blogosphere of lenders and squatters gaining access to Northwest homes vacated through the foreclosure process. If a manager or board notices activity at a vacant home under foreclosure, they should make immediate inquiry. read more
DELRAP vs HRAP for FHA Condominium Certification
Who can file a HRAP package? read more
Legislature Working on a Fix to the LLC Abatement Problem
This session, Representative Jamie Pedersen of the 43rd Legislative District has prime sponsored SHB 2657, which would fix the rather large loophole identified by the Washington Supreme Court in its May 2009 decision in Chadwick Farms Owners Association v. FHC, LLC, 166 Wn.2d 178, 207 P.3d 1251 (2009). read more
FHA Announces Important Underwriting Policy Changes
A number of important changes were announced on January 20, 2010 by the FHA to reduce risk and improve the Agency's finances. read more
Supreme Court of Washington to Condominium Owners: A Lump of Coal for Christmas
In a 6-3 decision issued on Christmas Eve, the Washington Supreme Court sided with condominium developers in upholding arbitration clauses incorporated into condominium purchase and sale agreements. read more