The winter of 2015 certainly was one for the record books. From epic amounts of snow to the never-ending plowing and clearing of the pesky white stuff, the first few months presented many weather-related challenges for New England’s condom…
Tag: Real estate
My question is as follows: What happens if the HOA has title to a unit and a bank holds the mortgage but takes it back from the HOA, is the bank responsible for all expenses? (Expenses, such as maintenance, tax, water and electric, etc.). T…
Often, the best, most successful boards and communities share the same combination of habits and traits; all the while, the worst, most fleeting share the same, as well. Case in point: there isn’t tremendous mystery in what actions make ce…
Many if not most boards of trustees get along famously. There are boards that have had the same members for decades and run their communities without a hitch. But sometimes boards don’t get along so well. We frequently get calls from…
Embezzling occurs so rarely among New England condominium associations, that when a well-respected manager, trustee or contractor is caught pocketing a community’s funds, everyone affected is likely to be ill-prepared for the consequences.…
The past several years have been a challenge for community associations trying to keep properties looking sharp and running smoothly while battling the forces of a shaky economy. Foreclosures, hurricanes and the relentless effects of time …
Something Old, Something New… Q I recently walked into the lobby of my condo building greeted by a new décor theme. I was completely caught off guard as there had been no correspondence to the homeowners that this change would be ta…
Now in its fifth year, the New England Condo Expo has become the annual must-attend event for New England property managers, board members, real estate professionals and homeowners. Returning to the Seaport World Trade Center in Boston…
These days, there are few people who don’t have a business website, a Facebook account and even a Twitter handle. It’s the same for buildings. As the rise of online social media invades nearly every aspect of our daily life, co…
Small and medium size community associations have many choices when they consider how to manage the day-to-day operations of their properties. Do they keep fees as low as possible and save money by being self-managed? Or find a way to …