RealManage Insight

FHA Recertification and Your Community Association

FHA Recertification and Your Community Association

HOA | Condo Legal, HOA | Condo Board Responsibilities and Education

The Federal Housing Administration guarantees home certain loans offered through conventional lenders, these are known as FHA Loans. These unique loans allow homebuyers to use a smaller down payment and sometimes to have lower credit scores than lenders typically require for conventional mortgages. Traditionally, FHA guaranteed loans for condo purchases only if the entire association had been approved for FHA financing, but new regulations in 2019 introduced single-unit approval processes to help owners find affordable options even if a community has not met the overall recertification standards. 

By Annette Byrd, CMCA®, PCAM® on Sep 8, 2020 8:29:00 AM
   
FHA Recertification and Your Community Association

The Federal Housing Administration guarantees home certain loans offered through conventional lenders, these are known as...

By Annette Byrd, CMCA®, PCAM® on Sep 8, 2020 8:29:00 AM
Trespassing in Your Community Association | How does your HOA address the issue?

Various legal jurisdictions spell out clear guidelines on what amounts to trespass. In this case, trespass involves...

By Mary Arnold, CMCA®, AMS® on Sep 1, 2020 8:21:00 AM
Your HOA Board Responsibility for Housing Discrimination

The Fair Housing Act, also known as Title VII of the Civil Rights Act is a federal law which prohibits discrimination in...

By Rolando Coronado on Aug 11, 2020 8:54:00 AM
Why Your HOA Cannot Restrict Access to the 2020 Census

Many HOA and Condo associations implement restricted access measures to help ensure the safety and security of their...

By Judith Duncan on Apr 2, 2020 8:45:00 AM
Neighborhood Associations vs. City Planners

Communities often band together to push for what is best for their residents. They form organizations like HOAs and...

By Kara Cermak, CMCA®, AMS®, PCAM® on Mar 31, 2020 2:00:00 PM
A Guide for Moving Out of Your HOA

You are considering the move from your home or condominium. You have begun to make a mental map of all of the processes and...

By Daneen Reinke on Mar 26, 2020 8:31:00 AM
What is an ARC or ACC in HOA?

Most basically an ACC (Architectural Control Committee) | ARC (Architectural Review Committee) is An Architectural Control...

By Mary Arnold, CMCA®, AMS® on Mar 24, 2020 7:56:00 AM
Electronic Voting And HOA's

With busy careers, lifestyles, and travel, it is a challenge for homeowners associations to keep a high level of member...

By Sandra Vela Mora on Mar 19, 2020 8:42:00 AM
HOA Tax Returns: A Complete Guide

Are you an HOA board member who's struggling with your association's tax return? Filing an HOA or condo association tax...

By Laura Jones on Mar 12, 2020 8:02:00 AM
Affordable Housing Policies could Bring Changes to your Community

Homeownership rates are steady, but that can change at any time. Affordable single family homes are hard to find in most...

By Kimberly Sutherland on Feb 25, 2020 8:00:00 AM