The recently announced proposal for a new five-story, $15 million condominium project has ambitious plans to create a green environment not yet seen in the Sacramento region. Named Gateway on Fremont Park, the project is expected to produce as much or more energy than its residents consume, a situation known as net-zero energy. But the ... [Continue Reading]
All to often we get the question about insurance in condominiums. There is a myth that the insurance provided by the homeowners association (HOA) is 100% of the liability that can be incurred by the condominim homeowner. The reality is the HOA policy typically covers the exterior of the unit and thats it. Ask yourselves ... [Continue Reading]
Doing some research recently on HOA violations etc I came across a huge debate in Nevada, probably I would think one of the states with the highest concentration of HOAs besides California and Florida over HOAs. How would you like to get a fine for a hot chocolate stain on your driveway? How about if ... [Continue Reading]
We are commonly asked what are the top HOA restrictions that can come up when buying a condominium in the Sacramento market. Here are a few of our top ones that come up: 1. Rental restrictions Many people purchase condos in hopes that they can rent them out later when they move up and keep ... [Continue Reading]
The #1 call we get these days here at SacramentoCondos.com is asking about rental units in Alicante Villas. All rentals in Alicante Villas are managed by the individual condo owners and the represenatives or property management companies that they hire to do so. I appears we show up as the only contact for Alicante Villas. ... [Continue Reading]
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 ... [Continue Reading]
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 ... [Continue Reading]
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 ... [Continue Reading]
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.” ... [Continue Reading]
