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Homeowners Associations
Refinancing Guide
FHA Refund Guide
Discuss it: Real Estate forum
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If you live in a condominium complex or subdivision, you may have a homeowner's association and HOA board. Sometimes these organizations are great and sometimes they can cause major problems for you. I'll tell you about both.
Home buying and selling mistakes
We're coming up one of the housing market’s peak buying and selling times. With that in mind, what are the biggest mistakes made by both sellers and buyers? For sellers, I find the number one mistake they make is in selecting an agent. If you're interviewing agents, don’t list with ...
Ongoing battle of secondhand smoke
Some homeowners associations are now banning smoking... inside people's own homes! Here's Clark's take on the never-ending battle of secondhand smoke.
Secondhand smoke battle: Indoor smoking bans?
Smokers' rights are disappearing fast. Now some want to ban smoking inside one's very own home. Check out this story: The Orange County Register reports that a jury trial in California led to a Homeowners' Association being found negligent in a cigarette smoking dispute between neighbors in a condominium. The ...
Increase in home equity bodes well for worker mobility
Equity in homes is going up for the first time since the real estate bust began. That's a clear sign of recovery in so many places. One third of Americans who have a home now own it free and clear, according to the latest data from Zillow. The cities where ...
Local regulations may ban backyard chicken coops
Chickn coops at people's homes are becoming a big trend in America. Of things I'd want to own at my home, chickens don't make the list! They're messy, they're smelly, and they're labor intensive. But a lot of people think owning them represents a real deal for farm-fresh eggs. The ...
New warnings about buying in the condo market
I have some new warnings for you before you buy a condo. Let me say first that the first real estate purchase I ever made was a foreclosure condo in 1978. I still own it and it's been a very profitable rental property for me over time. In the ensuing ...
Homeowners and condo associations foreclosing on banks that don't pay monthly dues
Some homeowners and condo associations are turning the tables on errant banks and foreclosing on them when they don't pay HOA or condo dues. Banks are required by law to pay monthly dues from the moment they foreclose on a property in a covenant community. However, the Community Associations Institute ...
Condo market may be rescued by conversion to luxury apartments
The condo market was among the hardest hit segments of real estate during the housing meltdown. But now two new trends hold a glimmer of hope for recovery for condo owners. With way too much money floating around during the bubble, developers were able to overbuild, dotting mid-sized and larger ...
Condo market facing new lending regulations
CLARKONOMICS: Clark is not a man who's afraid of the condo market. He knows the value of a condo typically fluctuates like an EKG -- up and down in rapid cycles. Single-family homes, by contrast, tend to rise slowly but steadily over time, barring a bubble market. The problem is ...
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