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Condo Contents Insurance – What You Need to Know

I am buying a condo. Is there a Federal requirement that a borrower have insurance coverage of at least 20 percent of fair market value on contents in order to qualify for a loan? Originally from Community Associations Network National

CA: Electric Vehicles: What You Need to Know About Home Charging

“If you live in an apartment or condo, you need to start having the discussion about EV charging with your landlord or homeowners’ association,” said Chelsea Sexton, an electric vehicle marketing expert. “Or have the conversation with your workplace. You need a reliable place for day-to-day charging, and if it’s not at home it ought [...]

Will Insurance Cover You If Terrorists Strike?

Own a condo? Your condo insurance policy would cover any possessions destroyed as the result of an act of terror. But damage to common areas such as roofs, pools and hallways would not be covered unless the condominium association purchased terrorism coverage in the association’s own policy. Originally from Community Associations Network National

Will Insurance Cover You If Terrorists Strike?

Own a condo? Your condo insurance policy would cover any possessions destroyed as the result of an act of terror. But damage to common areas such as roofs, pools and hallways would not be covered unless the condominium association purchased terrorism coverage in the association’s own policy. Originally from Community Associations Network National

Will Insurance Cover You If Terrorists Strike?

Own a condo? Your condo insurance policy would cover any possessions destroyed as the result of an act of terror. But damage to common areas such as roofs, pools and hallways would not be covered unless the condominium association purchased terrorism coverage in the association’s own policy. Originally from Community Associations Network National

Rental Brokers: How They Can Work for You

With home sales declining to record lows, many homeowners who can’t sell their homes are turning to rental brokers to ease their financial burden. Instead of paying the mortgage on an empty house, they opt to rent it to help cover the mortgage until the market turns around. However, things don’t always work out as [...]

Are You Paying Too Much for Your Rental?

Paying too much for rent will only bring on debt. Yet some fail to make this connection. Such a hefty rent might get paid every month, but there will be nothing left to cover gas, food, utilities. Before leasing a “financial burden,” or just getting by every paycheck, consider the benefits of figuring out an [...]

FL: Clearwater association to insurance agent: You can’t live in airport hangar

The Landings of Clearwater Condominium Association – a sort of neighborhood association of plane and chopper owners – sued in January 2008 to force Wells out. Wells countersued. Originally from Community Associations Network National

DC: The City Forces Developers to Sell Cheap Condos. But Can You Find Them?

Peltzer’s now informing all of her friends about the affordable-condo process—which is key because the average D.C. real-estate agent doesn’t know or isn’t talking about the deals. Nor is the average developer, it seems, or the average city housing official. Originally from Community Associations Network National

CAN News – WSJ – Should You Buy That Condo?

These days it’s not easy owning a condo, or any house located in a community that requires homeowners to pay fees. As more owners in these communities feel financially pinched, many aren’t paying dues. That means residents who keep up with the bills have to pay a bigger share of the burden-and if there aren’t [...]

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