Monthly Archives: November 2016
NEW FHA CERTIFICATION GUIDELINES TO LAND SOON, ENDING A 5-YEAR HOLDING PATTERN
By: Tracy N. Danner-Bond, Esq. On June 30, 2011, the Condominium Project Approval and Processing Guide (“Guide”) was published by the U.S. Department of Housing and Urban Development (“HUD”). The Guide was designed to provide Federal Housing Administration (“FHA) condominium … Continue reading
Posted in FHA Certification, Mortgages
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Chapter 7 Bankruptcy: JUST KEEP SWIMMING: NAVIGATING THE WATERS OF A CO-OWNER’S CHAPTER 7 BANKRUPTCY FILING
By: Melissa D. Francis, Esq. Bankruptcy matters (chapter 7 bankruptcy) can be treacherous waters for Condominium Association Boards to navigate. Such issues should, in most cases, be referred directly to the Association’s legal counsel, who should be experienced in handling … Continue reading
Posted in Assessments, Bankruptcy, Collections
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