ARCHIVED BLOG POSTS
2014
7
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Top 9 Reasons for Using Dropbox Being a technophile with an engineering/math background, I have an affinity for anything that helps to make my day more productive. So when I find a program that increases productivity and is easy to use, I grab onto it with both hands. My new favorite program is ...
03/13/2014
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CAI-CT Conference and Expo 2014 This past weekend, my associate Jeff and I attended the CAI-CT Conference and Expo at the Aqua Turf Club in Plantsville, CT. The Expo is one of the largest of its kind in New England. There were over 500 attendees, most of them condominium association Board membe...
03/10/2014
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My Personal Weltanschauung – To Swim Upstream One of the March challenges is to create our own personal Weltanschauung. I learned about this concept in January when another challenge required us to write about ActiveRain’s Weltanschauung and when I had finished writing the article, I had learned...
03/08/2014
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What Does Spring Mean to Me? Mud As part of the ActiveRain challenge March’s Cloudburst of You 2014, we have been commissioned to write an article about our favorite thing about spring. I can see this being easy for real estate and mortgage folks because the spring market kicks off the selling ...
03/07/2014
Are You a First-Time Homebuyer? How About a Condo? If you haven’t considered a condominium unit as a potential prospect for a home, read on to find out if condo ownership may be a great choice for you. There are benefits and drawbacks to ownership in a common interest community, like a condomini...
03/06/2014
Advice to First-Time Homebuyers: You Don’t Know How to Skate! As a first-time homebuyer, you don’t know how to buy a home or what to look for. And it doesn’t matter how much you’ve read online or in pamphlets, magazines or books, the bottom line is you don’t know how to skate! Try It On Your Own...
03/05/2014
The Essentials of Common Interest Communities Part Deux In a previous article, I wrote about the basics of home ownership in common interest communities: condominiums, planned communities or PUDs, and cooperatives. This article will tackle some of the basics about the Association, the legal gove...
03/04/2014
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The Essentials of Common Interest Communities There are three types of common interest communities in my state of Connecticut and in most states. They are condominiums, planned communities and cooperatives. Each state has its own version of these but the descriptions provided below are similar ...
03/03/2014
Fannie Mae Revises Policy of 6-Month Condo Priority Lien On January 14, 2014, Fannie Mae had announced that the maximum priority lien held by condominiums and planned communities (PUDs) may be no more than 6 months. More recently, however, it revised this policy to allow states who had enacted l...
03/02/2014
Funding the Reserve Account - Please Follow the Consultant’s Advice I was hired by a condominium project in 2011 to help them get approved with FHA. The Board of Directors of this condominium expressed that getting an FHA approval is important because many use FHA loans to buy in this project. ...
03/01/2014
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