NJ: FHA rule changes threaten condo prices; local firm offers help
Condo owners could be looking at some changes in FHA lending rules that could negatively impact the price of their homes Originally from Community Associations Network National
Condo owners could be looking at some changes in FHA lending rules that could negatively impact the price of their homes Originally from Community Associations Network National
Would you live in an association with unenforceable rules (no fines)? Would you live in one where your neighbors can point a finger at you and get a fine imposed? Originally from Community Associations Network National
The condominiums’ Home Owners Association recently ruled to enforce a one-pet rule, which has left some residents scrambling to find new homes for their pets. Originally from Community Associations Network National
This week the condo association in this Stockton community listened to several complaints about stray dogs and cats. They decided Baker’s cat must obey the same rules as dogs. Originally from Community Associations Network National
Eddie Garczyk has lived in his Coconut Creek condo for a decade. Although it has a no-pets rule, he says neighbors have ignored or broken it over the years. Originally from National Community Associations News
Everyone knows that mortgage money is hard to come by, there is a dearth of buyers these days and everyone who is stuck with a piece or property who is not in default would love to rent it out. But, as many of my readers may know, quite a few condominium and homeowners associations have [...]
It may be a buyer’s market for those looking to purchase a South Florida condominium, but a new FHA rule putting an end to “spot approvals” for home loans may burst the shopping bubble and make it much more difficult to qualify for a loan. Originally from National Community Associations News
The Timber Glen Condominium Association has nixed an 11-year-old rule that fines residents $50 per day for violating guidelines that ban flying small American flags outside on days other than national holidays, association President Steve Hazzard said Sunday. Originally from National Community Associations News
The Federal Housing Administration (FHA) is giving the condo market something it hasnt had for a whilea little breathing room. Originally from National Community Associations News
A Federal Housing Administration rule that went into effect last week will make it more difficult to obtain mortgage loans on condominiums, according to an attorney Originally from National Community Associations News