Month: August 2023

If you live in an HOA and have been a reader of this blog, you know that you have been reading about the devastating times that thousands of condominiums and millions of condominium owners are going through as the state now requires mandatory inspections, mandatory repairs and mandatory reserves in our condominiums. On the other…

Board members I’m telling you now……..be careful. I’m seeing it already. Unit owners are starting to freak out over the passage of huge assessments to cover the costs of mandatory inspections, mandatory repairs and massive increases in insurance rates. As we know, we’re not talking about pesky increases to the monthly cost of living in…

This is my favorite time of year.  Summer is over and students cram the classroom to learn.  I’m not talking about our youngsters.  I’m talking about those of you who live in a condominium or HOA and seek to become certified to serve on a board of directors.  Each year I get to certify a…

Last week was a primer on how foreclosures generally work and how banks get off the hook when they get back a unit when they foreclose on an owner’s unit or home. We learned that the banks are protected by the law because they only owe a few bucks to the association when they get…