PARScore® FINE-TUNED TO EVALUATE CONDO ASSOCIATIONS & HOAs BETTER
The newly designed, consumer friendly 2015 PARScore® report now features a comparison algorithm: “How does your association compare?” The technology also utilizes geo-coding with longitude and latitude satellite reporting. “Just because you live in the Gold Coast doesn’t mean your building will have a 24-karat gold PARScore®,” noted Benson. “Wealthy neighborhoods can be an asset […]
TRID RULE FOR MORTGAGE DISCLOSURE HELPS HOME BUYERS GET SMARTER
If you are planning to start home-loan hunting to finance the purchase of a new or existing dwelling now or in 2016, better clip this article and keep it so you avoid becoming a mortgage dummy. Once you wade through the alphabet-soup the federal government uses to describe the nation’s newly revised mortgage-application process, understanding […]
The Myth of the Homeowners (& Condo) Association “contract”
By Deborah Goonan, Independent American Communities blog http://independentamericancommunities.com/ In a recent discussion forum on rules regarding display of flags in Common Interest Communities (aka Homeowners Associations), there was some vigorous back and forth about the fact that Association-controlled communities are controlled primarily by the CC&Rs (or Declaration of Condominium) contract, rather than Constitutional law. The […]