Barker Martin

Condo-HOA Blog - Wa Condominiums

Email Accounts for HOA Board Members

There are multiple advantages, and no disadvantages, for HOA and condominium board members setting up discrete email accounts, such as valleyspringsHOApres@msn.com or VPestategardensHOA@yahoo.com. read more

New Fannie Mae Condominium Lending Guidelines

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

HOAs Experiencing Underfunded Finances

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

Uptick in Condo Auctions

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

Associations and Holiday Decorations

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

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