Posts Tagged ‘Owners Association’

Loan woes hit condo, homeowners associations

Sunday, April 15th, 2007

At Glen Waye Gardens Condominiums in Silver Spring, Md., 21 owners are more than 30 days behind on their monthly condo fees. Two other owners have not paid since they bought their units, one in April 2005 and the other in September 2006. Both properties went into foreclosure.
The lost fees, which make up 5 percent [...]

Alpharetta survey skips apartment dwellers

Sunday, March 25th, 2007

The city of Alpharetta is blanketing the city with survey forms this month asking residents what they think of city government and what they’d like to see done next.
But don’t look forward to contributing your thoughts if you’re among the estimated 20 percent of the city’s population who lives in an apartment.
Those opinions, the city [...]

Home sale defies color critics

Thursday, February 15th, 2007

A house across the street from an unusually painted home in a small Ahwatukee Foothills neighborhood without a homeowners association has sold at nearly its asking price.
The deal, which closed in late December, seems to support the argument that funky house paint jobs do not necessarily translate into diminished property values.
The 15-year-old Mountain Crest neighborhood [...]

Can condo homeowners association prohibit room rentals?

Monday, February 12th, 2007

Masood Ghamaty owns a four-bedroom, three-bathroom condominium at the Colony Hill complex. He occupies his condo and rents rooms to individuals, charging $300 to $550 per month each.
Each renter has the exclusive use of a bedroom and a bathroom, and nonexclusive use of the living room and kitchen. One renter was a cousin of Ghamaty, [...]

House color flap no drag on home sale

Sunday, February 4th, 2007

A house across the street from an unusually painted home in a small Ahwatukee Foothills neighborhood without a homeowners association has sold at nearly its asking price.
The deal, which closed in late December, seems to support the argument that funky house-paint jobs do not necessarily translate into diminished property values.
The 15-year-old Mountain Crest neighborhood near [...]

Condo group files lawsuit to oust unruly ‘Supernanny’ family

Thursday, February 1st, 2007

A Detroit-area condo group has sued to oust a family featured on ABC’s “Supernanny,” claiming the four children are still unruly after the nanny’s visit.
The Trillium Park Homeowners Association said it wants Michael and Tamara Amouri to comply with condo regulations or face eviction, the Detroit News said Tuesday.
“I don’t know if (”Supernanny”) had [...]

Las Vegas Condo Conversion

Tuesday, January 23rd, 2007

In the past few years, the condo-conversion has been a very popular and profitable trend for many. For anyone who is not familiar with conversions, they are simply apartment complexes (often built to condo specs) that are bought out, rehabbed inside and out, (consisting of minor cosmetic repairs such as re-painting the interior and exterior [...]

Pickle factory condo idea faces local opposition

Sunday, January 7th, 2007

Converting the building known as the “pickle factory” into a condominium could preserve a historic structure and eliminate a location of frequent illegal activity, but a nearby homeowners association opposes the increased density that would accompany the proposed development.
The building went up in 1920 as a meat-packing house for the Seacoast Packing Co. and later [...]

Boom and bust for Long Beach oceanfront condos

Monday, January 1st, 2007

Miami, San Diego, Las Vegas and Long Beach have at least a few things in common. Three out of the four of them are beachfront communities, and all of the cities saw a condominium boom in the past few years.
The first three cities have also seen a condo bust.
With a new year rung in and [...]

Taos’ Fechin Inn to become time share resort

Friday, December 29th, 2006

Santa Fe developer Joe Schepps has sold Taos’ Fechin Inn to a national firm that plans to convert it into a time share resort.
Fechin Inn manager Joy Barr says the inn will close Tuesday.
Tradewest Resorts, a subsidiary of Florida-based Wyndham Vacation Ownership, is to take over the inn January Fifth.
Barr says the resort units will [...]

Court order requires Green Resort funding

Friday, December 22nd, 2006

Attorney General Greg Stumbo today announces relief for property owners in Grayson and Breckinridge counties.
By Court Order, entered in Grayson Circuit Court, the developer of the Green Farm Resort in Grayson and Breckinridge counties must deposit more than $842,000 into a dedicated escrow account and complete roads, electrical service and water lines for residential building [...]

Board of sold condo sues Pinellas leaders

Friday, December 22nd, 2006

A condo association is suing Pinellas County for failing to notify individual timeshare owners before auctioning off the building. The sale was held in November after the condo’s management neglected to pay taxes for three years.
The Camelot Condominium Owners Association filed a lawsuit last week demanding that the property be returned to the owners and [...]


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