Encouraging Lenders to Foreclose: Don’t let your Condominium and HOA units sit vacant without collecting assessments
Even though the real estate market is gradually improving, condominium and homeowner communities are still faced with instances where a delinquent member abandons their unit/home and stops mortgage payments, but the lender does not foreclose. While condominium associations often believe they are “stuck” in these types of situations as the unit/home owner is uncollectable, and the lender will not foreclose, it is possible for the association to file a complaint with the Consumer Financial Protection Bureau (“CFPB”) to encourage a lender to foreclose. Read the article…………..
Community associations offer one of the best opportunities for Americans to own their own homes. They are for the 21st century
A Review of the (FL) High-Rise Condominium Fire Sprinkler Retrofit Requirement and Opt-Out Provisions
I have developed a simple and brief overview of the Florida Fire Prevention Code (FFPC) that is now posted in
In the closing days of its January term, the Illinois Supreme Court agreed to decide an issue of considerable potential