Question about HOA’s Master Insurance Policy

Question about HOA’s Master Insurance Policy

By bslaton on June 10th, 2010

Q. I am buying a condo and my lender just told me that the association’s master insurance policy does not provide enough coverage. I called the insurance agent who is writing my personal property insurance and he says that he can add coverage, but it’s going to cost an additional $400 per year. What’s going [...]


Woman Battling Condo Assn. Over Cat Leash Rule

Woman Battling Condo Assn. Over Cat Leash Rule

By bslaton on June 10th, 2010

STOCKTON (CBS13)
“Every time Mary Baker tries to take her cat out, there’s drama.
“This is impossible,” said Baker, as her leashed cat runs inside through a dog door. “She’s crying too.”
Despite her cat’s typical defiant behavior, a leash is a requirement at her condo — strange as it may seem to some.
“Cannot be outside without [...]


Condo Terminators Completes Florida’s First Mass Short Sale

Condo Terminators Completes Florida’s First Mass Short Sale

By bslaton on June 10th, 2010

MIAMI, June 10 — /PRNewswire/ — Condo Terminators, a specialty consulting group of Morningside Mortgage Corporation, in Bay Harbor Islands, Florida, has completed the filing process for Florida’s first mass short sale of a failed condominium conversion on June 9 at the Sunset Lake Villas Condominium in Margate, Florida.
This project is expected to lead [...]


Waterford Place condo buyers win ruling over water damage

Waterford Place condo buyers win ruling over water damage

By bslaton on June 10th, 2010

New article from The Sacramento Bee:
In January 2006, first-time homebuyer Lavender Lee was overjoyed to buy a $155,000 condo in Folsom’s newly remodeled Waterford Place.
Then, within months, she discovered her neighbors talking about water and mold damage.
“I was devastated,” she said. “I couldn’t think of any way to get out of it.”
Wednesday, four years [...]


For Sale / Sold / Pending for 95624,95758,95757

By bslaton on May 12th, 2010

Condominium Resale Market Update – March

By bslaton on April 16th, 2010

Sacramento condominium sales increased 22.2% from 108 last month to 132 this month. Compared with last year, sales are up 21.1% from the 108 units sold in March 2009. REO properties made up 53% (70) of all sales while short sales accounted for 18.9% (25) of the sales. Conventional sales rounded out the remainder of [...]

HOAs Seek Association Fees from Banks

By bslaton on March 16th, 2010

 
 
 
Reprinted from:
Daily Real Estate News  |  March 8, 2010  | 
Condominium and home owners associations desperate for money are experimenting with a tactic called “reverse foreclosure” to force banks to pay association fees.
The process works like this: When a borrower stops paying the mortgage, banks often delay taking the property into foreclosure. When banks delay, neither the former home [...]

What’s a McKeon Condo?

By bslaton on December 17th, 2009

Many people hear the name Mckeon associated with a style of condominiums but cannot find much on the internet about them.  What this is referring to is the McKeon Corporation which build what is also termed as four plexes all over California in the early sixties.  This was also referred to as the mass production [...]

SacramentoCondos.com Presents Jasmine

By bslaton on December 4th, 2009

SacramentoCondos.com is pleased to bring you information today about Jasmine in Elk Grove.
These condominiums built in Elk Grove by Pacific West were built approximately in 2006 and feature four floor plans ranging from a 1 bedroom 1 bath 1185 square foot unit to the largest unit the 2 bedroom 2 bath + loft unit 1728 [...]

SacramentoCondos.com now on Facebook

By bslaton on December 4th, 2009

Just use the link on the front page of the new SacramentoCondos.com site and join our fan page on Facebook.  Share information about your complex, ask others who join about their experiences and enjoy the fanpage
Bruce Slaton Lic # 01305148
SacramentoCondos.com


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