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Homeowners vs. Condo Associations: The Similarities

Empire Appraisal Group

million homes in homeowners’ associations (HOAs), most of our members have helped prepare contracts that address issues associated with association rules. The condo disclosure comes from Section 718.503, Florida Statutes, and the HOA disclosure comes from Section 720.401, Florida Statutes. Next month we’ll focus on the differences.

HOA 78
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Tighter Lending Policies Change the Landscape of Condo Mortgage Eligibility for Buyers

Lamacchia Realty

Buyers hoping to purchase condos have been under more stringent lending regulations over the past three years, initially under temporary guidelines that were later made permanent. Buyers and buyer agents alike needed to be keenly aware of how the new regulations would impact the purchase of a condo in any building over 5 units.

Buyers 66
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Opinion: More can be done to shorten the average time to close

Housing Wire

Hopeful their initial offer might be accepted or that they might beat out other potential buyers. And then, there’s the process of dealing with the property’s Home Owners Association (HOA) or even simply determining whether one is involved at all. Dealing with the HOA—a nightmare for all parties involved.

HOA 452
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Find Out What Really Happens When You Waive Contingencies to Score a Home

Realtor

Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. That’s all hunky-dory in a buyer’s market. You want the house, and the seller doesn’t want any hiccups.

HOA 108
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Tempted To Waive Contingencies to Score a Home? Watch Out for These Dangerous Repercussions

Realtor

Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. That’s all hunky-dory in a buyer’s market. You want the house, and the seller doesn’t want any hiccups.

HOA 78
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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate. Due Diligence: What Is it?

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Opinion: More should be done to shorten the average time to close

Housing Wire

And then, there’s the process of dealing with the property’s Homeowners Association (HOA) or even simply determining whether one is involved at all. There’s no uniform method of determining if a property management firm represents an HOA and, if so, which firm. Even something as simple as obtaining a PDF might take weeks.

HOA 427