Search Results for: homeowner associations

New California Laws Impacting People Living Where There are Homeowner Associations

New California Laws Impacting People Living Where There are Homeowner Associations Continue reading

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California Laws Impacting People Living Where There are Homeowners Associations

California Laws Impacting People Living Where There are Homeowners Associations Continue reading

Posted in California real estate laws, Homeowners associations, real estate economics, REALTOR® | Tagged , , , , , , , , , , , , | Leave a comment

Homeowners Associations Should Cooperate and Negotiate Short Sales

  SHORT SALES are tricky for sellers and buyers, and working to resolve unpaid homeowner association assessments and liens can be challenging. A "SHORT SALE" is when an owner of a property seeks to avoid foreclosure by selling the property for less than … Continue reading

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Homeowners Must Be Careful and Follow HOA Architectural Restrictions on Rebuilding

Homeowners Must Be Careful and Follow HOA Architectural Restrictions on Rebuilding Continue reading

Posted in Home Remodeling, Homeower Associations, Newport Beach home values, Newport Coast CA, Orange County property values, Orange County real estate values, private property rights | Tagged , , , , , | Leave a comment

New California Law Requires Lenders to Record Foreclosure Sales

  New California law AB 2273 on bank foreclosures requires lenders to record foreclosure sales within 30 days of the foreclosure. This bill was passed and signed into law by the governor in September this year – and will become in effect … Continue reading

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Essential HOA Documents for Sellers to Provide Buyers on Resale in California

  Some CA home sellers don't understand their disclosure obligation to provide copies of homeowner association (HOA) documents to buyers.  This lack of understanding by sellers can sometimes lead to seller disclosure challenges before buyers clear contingencies and complete the … Continue reading

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New CA Law to Protect an Owner’s Right to Rent Out a Condo Home

  Some California homeowner associations have been changing governing documents to stop condo owners from renting out their units. New California law (CA Senate bill 150) protects an owners right to rent out their units in common interest developments starting … Continue reading

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Right to Rent by Individual Owners at California Common Interest Developments

Right to Rent by Individual Owners at California Common Interest Developments Continue reading

Posted in California real estate laws, Home buying or renting, Homeowners associations, OC property values | Tagged , , , , , , , , , , , , , , , | Leave a comment

Rental Restrictions for Owners at CIDs Limited by New California HOA Law

  Homeowner associations (HOAs) at Common Interest Developments (CIDs) in California have experienced challenges with a high number of rental homes as compared with those occupied by homeowners. High number of rentals in CIDs sometimes drives up HOA expenses and impacts property values (which is recognized … Continue reading

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HOA Finances and Reserves Should Signal Good Property Values

  Homeowners associations should be in the business at least in part to protect property values in their communities. Reserve funding is essential for California common interest developments (homeowner associations) and home loans for buyers in those communities. Bank of America has … Continue reading

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