Archive for the 'Condominium' Category
3658 Whitman Ave N #D, Seattle - $435,000
Incredible Lake Union View!
3658 Whitman Ave N #D, Seattle, WA 98103
Offered at $435,000
MLS# 24434
Enjoy peaceful sunsets or sunny summer days from your unobstructed balcony. Almost new 3bd, 3ba townhome in great Fremont/Wallingford location. Kitchen features upgraded stainless appliances, tile counters, tons of counter space. Home features beautiful hardwood floors & a view from almost […]
Condo Financing Made Even More Difficult
Condo Financing Made Even More Difficult
FHA announced that it will put new requirements into effect for condominium financing. As of the writing of this article, the new requirements were schedules to take effect October 1, 2009. However, there was talk of delaying enactment until November 2009 to facilitate closing of first time home buyer […]
Read More..>>WA Condominium - Changing/Starting with Property Managers
Changing/ Starting Out With Condominuim Property Managers
Once Upon a Time…
“All your condominium documents are in a box — somewhere. Someone passes the box to another person. The box ends up somewhere else.
“Everything gets taken care of. Everybody lives happily ever after.”
The End.
__________________________________________________
Funny you should ask. Too many condominium owners and board members believe […]
WA Condominium - Preventative Maintenance
Preventative Maintenance
Behind fiscal responsibility, this is the task wise condominium boards want most from management companies.
RCW 64.34.328 Upkeep of Condominium states:
“…the association is responsible for maintenance, repair, and replacement of the common elements, including the limited common elements,…”
Regardless of the size of your community, there are basic documents you’ll […]
Read More..>>WA Condominium - Success in the Long Run
Success in the Long Run
A good friend and I spent hours talking about condominium communities and what it takes for them to be successful.
Of course, successful is a variable — with every person involved having their own definition.
Here’s my definition of a successful condominium community:
A financially viable […]
WA Condominium - Dish Antennas, an update
Dish Antennas - an Update
Satellite dish antennas are a little like starlings — or cockroaches. Where you see one, you’re likely to see more.
That’s exactly what happened to us.
A tenant moved into an owner’s unit and ordered a high-definition (HD) satellite dish antenna. Toward the end of the day, the […]
Read More..>>WA Condominium - Board Branding
Condominium Board Branding - A Tutorial
Branding? Egads, isn’t that a Madison Avenue thing? And what’s branding go to do with condominium boards?
Your membership, the owners, perceive you in some way. That is your brand. Here, then, an opportunity to investigate and change your brand, if such action would improve the tenor […]
Read More..>>WA Condominium - A Solid, Stable Community is Attractive
A Solid, Stable Condominium
Community is Attractive to Buyers
Based on today’s article in the New York Times about buying nearly new as opposed to buying new, this entry highlights the notion that a well-run condominium community can position a unit purchase as either a great idea or a buyer’s worst nightmare.
I’m […]
Read More..>>WA Condominium - Management Styles & Tips
Condominium Management Styles/ Board Management Tips
The leader sets the tenor of a community.
I just made that up.
And if you look at any corporation, you can learn more about how the organization functions based on its leadership and its branding. This is also true in a non-profit corporation called […]
Read More..>>WA Condominium - New to Condo Ownership/Board Membership?
New to Condominium Ownership/
Board Membership?
Welcome to condominium life!
What’s that, a deer-in-headlights look on your face? Didn’t know what you got yourself into? Thought you were buying a home? Figured the board seat would be a good place from which to get even with your neighbor?
At the risk of repeating myself, welcome […]