What the new Fannie Mae and Freddie Mac condo rules mean for buyers and boards

Living in a high-rise, condominium or co-op certainly has its perks. You get the convenient location, the dramatic views, attentive concierge services and a range of amenities. However, vertical living also means added challenges when it comes to fire safety. Fortunately, there are measures that both your association board and residents can take to improve safety.

Learn why effective HOA policy starts with a strong communication plan.

If your community is professionally managed, consult your property management company for more information – a quality firm can leverage its budgeting and financial experience to provide guidance.  But to get you started, we’ve compiled some information about the Consumer Price Index – what it is and what you need to consider before you get started. 

As a buyer, you may wonder whether moving into a community with an HOA is right for you. Perhaps you have heard horror stories from unhappy homeowners or have read about unreasonable boards that bully residents. How common are these events? And are the stories even true?

It's the most wonderful time of the year but not if your holidays are cut short by a fire, an accident or a theft. Taking these 4 safety precautions can prevent such misfortunes.

Holidays can be a lot of fun when you live in a planned community, condo or HOA. But when you are on your association’s board of directors, they can also be a lot of work. You have to make sure all the prep work is done, decorations are up, vacations are covered and parties are planned. Can a group of volunteers—as dedicated as you may be—possibly get it all done? And do you dare wish to do it with minimal stress, too?

Hurricanes are a significant risk all across Florida, whether your property is a Miami high-rise, a gated community in Orlando, or a 55+ community in Boca Raton. Learn more about effective communication to weather hurricane emergencies!

As many homeowners are quickly discovering with hurricane Ian’s impending arrival, it doesn’t always matter what kind of preparation your community makes before a powerful hurricane strikes. The effects can still be devastating – even after the storm loses strength.

Part of your job as a board member is ensuring the safety of residents in your community association. To that end, it’s important to educate homeowners about possible fire risks and the steps they can take to prevent fire hazards in their homes.  Chances are that fire safety isn’t top of mind for residents. However, home fires are more common than most people realize.

Annual and special meetings can have their own set of rules and needs. Read on to learn more about these two important types of meetings for your HOA or condo association board.