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Cats Cover 6-22-17

Cats Are Moving In… Tips for Managing Feral Cat Colonies

For some, one of the downsides of living in a condominium or homeowner association has always been close proximity to your neighbors. This can especially become a problem when your neighbors are loud and inconsiderate. But what if the rowdy family “next door” is a feral cat colony? What are your options when feline squatters settle in your community?

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Changes on the Way for FHA Condominium Certification Process

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Changes on the Way for FHA Condominium Certification Process ?

The Housing Opportunity Through Modernization Act (H.R. 3700) was signed into law on July 29, 2016 with the intention of reforming the Federal Housing Association (FHA) loan program for community associations. The FHA serves to insure mortgages and because of that, it has to be attentive to risk, said Philip Sutcliffe of Project Support Services in Lansdale, Pennsylvania, a company that assists condominium associations with FHA certifications and recertifications. He explained that the FHA’s policy is to insure loans in communities that offer a reasonable expectation that the loans are going to get paid on time.

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Collecting dues from a deceased owner

Sadly, homeowners associations are sometimes tasked with the responsibility of collecting dues in the aftermath of a unit owner’s death. When an owner dies, leaving his or her unit vacant until its fate is resolved through the legal process, a community’s board of directors faces the challenge of balancing empathy with accountability. But, what happens when a former owner’s successors fail to pay association dues?

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Golf 5-18-17

Communities with Golf Courses, Don’t Forget the Greens on Your Reserve Study

Have you been wondering how having a golf course in your community affects your reserve study? Should you include it in your master study? Or should courses be treated as a separate entity? For this topic we reached out to Peter Miller, RS of Miller+Dodson Associates, Inc., a nationwide consulting firm based out of Annapolis, Maryland. Miller has been working with reserve studies since the 1980s. 

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Loans 8-3-17

Community Association Loans: Tips for Getting Approved

Does your community require a major repair, such as new facade, windows or roofs? Major repairs can be extremely costly. Luckily, loans are available for community associations that require funds for a particular project or repair. We spoke to Jared Tunnell, Senior Vice President at National Cooperative Bank to learn more about community association loans and what steps condominium and homeowner associations should take before acquiring a loan. 

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