<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1061566567187268&amp;ev=PageView&amp;noscript=1">

Walnut, CA owners getting evicted from condo

My sister and I co-own a condo and fell short on our mortgage and association in 2010 due to layoffs and undue hardships. We tried to refinance and made several attempts to reconcile with the HOA. We made arrangements with the HOA to catch up and were able to for a while.


Is HOA president financially irresponsible with association money?

Our HOA president didn't get 3 contract bids for our lawn maintenance, which is in our condo docs.  The rest of the board goes along with it.  Also $18,000 was taken out of our statutory painting reserve which was originally voted on by our members and put into a contingent reserve by the board. Our buildings are in need of paint has been 25 year without.  FL

Clarification needed on FHA requirements for condo associations

I am a retired Realtor and husband is President of our Self Managed Association of 52 condo's in Ohio. I was looking up info on number of rentals allowed by all mortgage companies for buyers to obtain a mortgage. 


Foreclosure and health concerns at Madeira Beach, FL condo association

I am on the board of my condo. One unit is in financial trouble and has a growing mold situation due to no AC running in the unit for 6+ months. 


Georgia HOA considers rental cap to increase financial strength

Our HOA here in Georgia will be voting on a rental cap with the ability of the HOA leadership to approve hardship leasing over and beyond that. We are closing in on approximate 35% rental units. 


Stamford CT new condo board president wonders about financial disclosure

I am a new president in the state of Connecticut and one of our former board members wants all the financial information. I told her that when I was an owner, and she was a board member, she told me I wasn't supposed to get that information.


Do Colorado HOAs require 10% reserves?

Do you still require 10% in reserves for an HOA. Wells Fargo is telling me you don't. Please confirm as they are my competition. Thank you.  Colorado

HOA completely ungoverned and in major financial decline.

Our HOA is responsible for plowing, street maintenance, insurance of community drives. Members refuse to pay 

What are Pennsylvania rules for condo association financial audits?

Condo development of 48 units (12 buildings) located in Pennsylvania. I'm looking for Pennsylvania's condo regulations on yearly financial audits or review. Being a relatively small development, yearly audits conducted by CPA's could be quite costly. 

Do liens go away with Chapter 7 bankruptcy in Georgia?

Are liens for condo fees dischargeable with the filing of a Chapter 7 bankruptcy petition in Georgia?


Leave a comment

Submit Your Condo or HOA Question Now
Free HOA or Condo Association Loan Consultation

Most Popular Blog Posts

Posts by Topic