ARCHIVED BLOG POSTS

2015 

What Types of Condominium Projects are Approvable by FHA?This is one of the most commonly-asked question that we receive.  The better question to answer is Which types of condominiums are NOT approvable by FHA?   Then we can deduce that all other types of condominiums are eligible for FHA condomi...
07/30/2015
Can We Use Reserve Funds for Landscaping During Drought?We receive a lot of questions from associations on how they are able to use their reserve funds and still be eligible for FHA condominium project approval.  Up in our neck of the woods in New England, these questions are primarily geared tow...
07/28/2015
FHA Won’t Dictate How You Run Your CondominiumWe have been working with one of our clients for many months because the Board has been reluctant to provide the necessary information to us.  It recently surfaced that they have concerns that once the condominium is approved by FHA, the Federal Gover...
07/23/2015
Property Manager Won’t Help With FHA Condo Approval...because they offer the same consulting service.We were contacted by one of our property manager referral partners about obtaining an FHA condominium project approval for the condominium in which he lives.  Over the past 5 years, we have facili...
07/16/2015
This is a must-read for anyone considering buying a condominium. When you are looking to buy anything, you always look at the pros and cons of your purchase. Whether it’s a new shirt (which color, etc) or a new car, you should look at both sides of the purchase. The same rules apply to the purcha...
07/10/2015
New Level of Scrutiny in FHA Condo Project ApprovalsIn February, we were saddened to learn of the retirement of the Chief in FHA’s Philadelphia Homeownership Center (PHOC).  We had a great working relationship with her and had met her in 2014 at the Round Table sessions in Washington DC.  A few w...
07/09/2015
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