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Tag Archives: Condo Financing
The Coming Crisis of HOA Assessments
HOA delinquencies have caused many associations to under-fund their reserves. Are assessments coming to make up for the losses? What other choice does an HOA have? Continue reading
Posted in Best Of The Storm, Fresh Perspectives, Home Economics
Tagged Condo Financing, Foreclosures, HOAs
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No, The FHA Isn’t Giving $3 Million Mortgages
A recent Bloomberg article suggested that the FHA had made a special arrangement to offer mortgages of up to $3 million on luxury Manhattan condos. This is not true. FHA loan limits of $729,750 are still in place. Continue reading
HOAs Suffer From Delinquencies
Homeowners associations are being severely impacted by the housing bust. Continue reading
Condo Association Opts for Mass Default
80+ proud owners in the Riverwalk at Redmond Washington condo complex have had enough and are ready to bail, en masse. Continue reading
Posted in Foreclosures
Tagged Condo Financing, Foreclosures, HOAs, Strategic Defaults
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FHA and Condo Buyers….Lack of FHA approved Condo’s
buyers, FHA, loans, condos,condo, HOA Continue reading