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FHA Approval Cutoff is December 7, 2010
If a condominium community hasn’t been FHA certified by that date, unit owners may not be able to close sales. FHA Approval Guidelines WILL change next year. For help getting FHA certification and for answers about the process, contact HindmanSanchez at 303.432.9999.
Refinancing my be derailed by FHA Certification
This story highlights the potential impact of lack of FHA certification in condominium communities. While we generally think of future sales, the lack of FHA certification can also derail re-financing attempts and it today's economy with falling interest rates that could be a problem for associations. If your condominium community is not yet certified or your certification expires on December 7, 2010 we can assist you with your submission for qualification. For more information about FHA Certification read our recent blog on the approval process.

Three Ways to Gain Control in This (still) Tough EconomyUnemployment, bankruptcies and foreclosures are still leaving homeowners in distress, and likewise, leaving the associations in which they live in financial distress. What can associations and managers do to gain control over their delinquencies in this (still) tough economy? Here are our suggestions for the top three ways to gain control over delinquencies. Read more.
Are Bedbugs Taking Up Residency in Your Condominium Building?
Condo associations regularly deal with water leaks, sewer backups, mold, … but bed bugs? Do condo associations have an obligation to eliminate bed bug infestation? This article discusses who is responsible for what and other tips to keep bed bugs from taking a bite out of you. Read more.

Missing Puzzle Pieces - Do you Have All of Your Annexation Documents?

Have you ever needed to pursue litigation against an owner for either covenant enforcement violations or failure to pay assessments?

Have you ever considered amending the declaration for your community?

Have you ever considered obtaining FHA certification of your community so that borrowers can obtain FHA insured loans?

Chances are a majority of associations would answer “yes” to at least one of the above questions. But do you have all of the pieces of the puzzle needed to successfully pursue any or all of the above activities? Read more.

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