A homeowners association is a legal way to insure that there would be certain rules in place to govern the way people live in a particular community. It can be a high-rise building, golf course development, townhome community or traditional neighborhood. Check out our articles and blog posts for more information about homeowners associations.
Ilyce Glink on WSB Radio – November 2, 2008
Today on the Ilyce Glink show, Ilyce invited noted condominium association attorney George Nowack to spend some time on the show discussing some of the issues facing homeowners and homeowner associations during the current housing crisis. Nowack, a partner with the Atlanta law firm of Weissman, Nowack, Curry & Wilco, talked about how foreclosures are sapping HOA coffers, forcing HOAs to become creative in terms of the fees they charge to local homeowners. If you live in a development or condominium that has an HOA, this is a show not to be missed. To find out more, tune into the show. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.
Synthetic Stucco Affects Home Value
You may have heard all about synthetic stucco, and how many homes with synthetic stucco coverings suffer water damage. But is it worth it to replace synthetic stucco to improve a home's value? Even if your EIFS, or synthetic stucco, has been problem free, there may be a stigma around synthetic stucco. Before deciding whether to change the synthetic stucco siding on your home, it may be worthwhile to consider your home in comparison to others in your neighborhood.
Condominium Board Won’t Pay For Maintenance
A condominium owner has a roof leak and no one is fixing it. Her brother wonders whether she should keep paying her condominium fees. You need to check what the homeowners association regulations say about what the owner's responsibility is and what the condominium homeowners association's responsibility is to fix.
IRS Tax Provisions For Rental Property And Primary Residence
What tax deductions can you take on a primary residence and on a rental property? The IRS does not let you treat a property rental as a primary residence for tax purposes. And what risks do you face if you rent out a property in a homeowners association that prohibits rentals?
Late Charges For HOA Fees
A condo owner says he's been late paying homeowners association fees and now owes a late fee. Does the condo owner have any recourse with the homeowners association?
Mulitple Homeowners Associations
It's possible to buy a home in a community with multiple homeowners associations. The neighborhood homeowners association may be a member of another homeowners association.
Ilyce Glink on WSB Radio – December 31, 2007
Ilyce Glink filled in on the Clark Howard show today, to help WSB listeners wind up the year. She took questions on homeowner association fees, how to save money on tax preparation, and what to do about getting rid of old computers. Tune in to hear all of her great advice, and don't forget to check out the radio talk show notes at www.thinkglink.com and her new all-video site, www.expertrealestatetips.net.
Responses To Agent’s HOA Letter
A homeowner's association fee was not disclosed when this ThinkGlink reader bought a home. Ilyce's readers respond to her article finding the real estate agent to blame for the unknown fee.
Homeowners Association Restricts Rental Property
The owner of a condominium wants to lease his property to two 21-year-old women. The homeowners association says the building is restricted to "single-family homes" and he cannot lease his condominium as a rental property. Ilyce says the homeowners association president is mistaking the meaning of, or incorrectly defining a single-family home and they may be violating the Fair Housing Law from HUD.