Tighter lending requirements for Federal Housing Administration (FHA)-backed mortgages for condos have put financial and administrative pressure on condos around New England at a time when many are ill prepared for any new challenges. …
Free seminars, networking opportunitiesand a chance to get all your condo questions answered – the 2010 New England Condo Expo brings it all together, in one day, under one roof. If you’ve been trying to find solutions to ongoi…
The New England Condo Expo on May 12th at the Seaport World Trade Center in Boston is more than just a great place to meet condominium professionals and network with community association leaders– it’s also a tremendous opportunity to le…
A lot of people buy condominiums because they never want to have to mow a lawn or shovel snow again. But eight owners of University Park Lofts in Worcester, Massachusetts, had no choice after the developer at the mostly-vacant 37-unit …
New lending guidelines from HUD mean that FHA loan requirements will be significantly tightened for condominium sales. The new requirements could have a profoundly negative effect on the ability to sell or buy a condominium unit that…
With the economy in the throes of the worst financial crisis in decades, it’s no wonder that the world’s second oldest profession – thievery – is on the rise. The nefarious Bernie Madoff and others of his ilk have highlighted the vulnera…
Even in the best of economic times, preparing a condominium's annual budget is a tiresome task, fraught with uncertainty, estimations and shifting numbers. Now, factor in one of the most challenging economic downturns in a century with …
While only a few states guarantee a “right-to-dry,” at the time of this writing, proposed legislation aimed to remove bans on clotheslines within condominium associations appears on several statehouse docket lists in New England. Arguments…
Fresh from hoisting up the banking and automobile sectors, a newly muscular Uncle Sam is now turning his attention to putting the skids on the real estate meltdown. The Obama Administration earlier this year rolled out two major housin…
For people with no experience in managing a community, understanding the fine print and the more obvious aspects of a building’s insurance policy often can be a challenge. To the uninitiated, it sometimes may seem like the details of one's …