Condo associations careful about collecting can weather foreclosures

The foreclosure frenzy hit homeowner associations hard and fast, but they may be better prepared for the future because of it.  More than 6.3 million Americans lost their homes to foreclosure between 2006 and 2016, according to real estate data company RealtyTrac. Foreclosure filings have steadily declined since their 2009 peak and are now near pre-recession levels.    Read the article……………


Related Articles

The Many Names For Theft Inside Your HOA

In this two-part series, we will highlight common examples of how associations can unwittingly be stripped of their monies:   Read

4 Preventative Maintenance Tips

Preventative maintenance is one of the most basic and important things you can do for your community. With good preventative

FHA certification and recertification

FHA certification makes it easier to sell units in your condominium association. Applying for FHA certification has become more straightforward