May a homeowners’ association (HOA) restrict a property owner from renting their property for a short-term when they purchased it before the HOA adopted the restriction?
Brown v. Montage at Mission Hills, Inc.
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Tag: condominium
POLL: Will demand for high-density multifamily buildings and condo units continue to drop following the pandemic?
Will demand for high-density multifamily buildings and condo units continue to drop following the...
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Does the American Dream extend to condo ownership?
Homebuyers are increasingly willing to consider condos and townhomes in California, in addition to SFRs.
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FHA smooths the path for condo approvals
The FHA is now processing approvals for individual units in unapproved projects.
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CIDs required to perform visual inspections of exterior elements
This new law requires CIDs to make a reasonably competent and diligent visual inspection of the project’s exterior elevated elements.
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Young adults: the condo generation?
Condos are also rising in popularity, especially for the younger set of homebuyers.
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Owner-occupancy requirements loosened for FHA-approved condo projects
The minimum owner-occupancy rate for some condos is lowered from 50% to 35%.
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Condos appreciating faster nationwide — SFRs still king in California
Condo values are rising faster than SFRs — but it depends on where homebuyers are shopping.
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Lofty HOA fees make renting look good
Do HOA fees cancel out the benefits of owning? It depends on where you live.
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High demand for condos, but FHA isn’t playing
FHA buyers pushed out of the condo market
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HOA document request – on listing property for sale in a CID
Form-of-the-week: Request for Homeowner Association Documents – Form 135 A buyer acquiring a unit...
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FHA blinks; condo loans open up
Condominium (condo) sales just got easier to finance. Effective September 13, 2012, the Federal...
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For Gen Y, bigger is not better
California is about to discover it has an oversupply of classic subdivision housing, according to...
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HOA pays for water damage to condo unit caused by sewer pipe
A condominium (condo) owner’s unit was flooded by sewage seeping in from a leaking sewer pipe...
Read MoreRules for FHA-insured purchase loans for condos to be tightened once again?
The Federal Housing Administration (FHA) announced that it would delay the roll-out of the new condominium (condo) purchase loans to November 2, 2009. The rules were originally scheduled to become effective October 1, 2009. In...
Read MoreExtra hurdles for condo purchase-assist loans
Prospective condominium (condo) buyers with less than a 20% down payment, and their agents, must brace for the lender bias against condo units. This should come as no surprise since condo prices and sales volume during a...
Read MoreJune 2009 RCD
A digest of recent court cases affecting real estate.
Read MoreLoan applications initiate the loan process
This article reviews the loan application process the transaction agent (TA) must guide his buyer through to ensure the buyer closes on the most advantageous loan terms available. Role of the transaction agent (TA) The ability...
Read MoreMay 2009 RCD
A digest of recent court cases affecting real estate.
Read MoreMay 2009 LW
A look at the legislation affecting real estate enacted during the 2008 Legislative Session.
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