News for TBYH Members

Condo Owners Want More Power To Fight Their Homeowners Boards

Reprinted from LA Times 8/28/2016 Q&A: What can we do about incompetent management companies that waste money? By Donie Vanitzian Aug. 28, 2016 3 AM PT A good first step toward improving your association’s experience would be explaining to prospective management companies how your board expects its business to be conducted. Discuss guidelines, specific instructions

Community Association Manager Accused of Stealing One Million Dollars A new addition to our Association Greed series we have a current news story to learn from.  Its about a New Jersey & Pennsylvania community association manager accused of stealing one million dollars. This case of homeowner association / condominium embezzlement was alleged have been committed

Reprinted From Condo Control https://www.condocontrol.com/blog/2023-insurance-coverage-trends-in-community-associations/ 2023 insurance coverage trends in community associations Date Published : Jun-27-2023 Written By : Kim Brown   Most communities don’t think about trends impactinginsurance (in fact, they’d rather not think about insurance at all). But boardmembers are very aware of how quickly costs have increased.  Table of contents A brief

Reprinted from Yahoo Finance June 15, 2024 South Florida condo owners are dumping their homes after getting slapped with six-figure special assessments Serah Louis Sat, Jun 15, 2024, 6:10 AM EDT4 min read 2.9k Maria Tkachun and her husband shelled out $490,000 for a seventh-floor apartment with a terrace and balcony boasting incredible views of

Below is a HUD Press Release from June 4, 2024 WASHINGTON – Today, the U.S. Department of Housing and Urban Development, through the Federal Housing Administration (FHA), announced the launch of its new Manufactured Home Community loan product, which will provide an FHA-insured financing option for the purchase, refinance, and revitalization of manufactured home communities.