Be a CCS

. . . for Success!™

Certified Condominium Specialist
More knowledge ... More experience!TM
Certified Condominium Specialist®
National Designation Program
online ccs courselive ccs course

ccs home study course

Condo Newz

Subcategories from this category: Condo Newz

Posted by on in Condo Newz

Published Date 7/7/2023

 

Big news hit the housing market this Wednesday July 5th! Heavy hitters of the housing world, Fannie Mae and Freddie Mac, unrolled some fresh updates. They're putting a sharper focus on their condominium and co-operative project standards policies. Why? To help bolster the safety of properties in desperate need of repairs and special assessments.

...
Last modified on
Continue reading
Hits: 6007
0

Posted by on in Condo Newz
b2ap3_thumbnail_Copy-2-of-2009-08-viv-barry-candy-condo-photos-436.jpg
 
A new appreciation of “home” was created during the COVID lockdown over the past few years.  Buyers and sellers became inspired to seek out comfortable, multi-purpose living environments they could work and play in while enjoying the comforts of their own familiar home environment.  As a result, not only seniors, but many new homeowners of all ages have moved into residential planned communities which offer recreational pleasures while providing a sense of safety, purpose and community.
 
Golfing, tennis, boating, fishing, fitness centers, equestrian activities, green spaces, dog parks, learning and hobby centers and classes, and community pools and spas are just some of the many recreational and stress-relieving amenities and activities planned communities offer to homeowners.  Active lifestyle seniors have known about this desirable homeownership opportunity for decades.  But with the isolation over the past few years, people of all ages have now seen the value of planned community living.
 
When companionship is needed, community with other homeowners in their community is readily available.  Yet a planned community can also offer a feeling of privacy and a quiet work environment that a homeowner can “reach and withdraw into” as needed when owning a property in a residential planned community.
 
An interesting additional layer of planned community living is the master planned community.  A master planned community is often defined as a mixed-use development that offers single family homes, condos, and townhomes as well as schools, businesses, apartments, and other commercial properties, while offering access to extensive, varied recreational, entertaining amenities.
 
Other convenient benefits of the planned community lifestyle include HOA management, less congested roads, better security and shared decision-making, maintenance costs, and responsibilities.  For example, gated communities help regulate who can come in and out of a community while reducing traffic moving within the community parameters, making the community streets less busy and more quiet and safe than ungated single family neighborhoods.  Exterior, common area and amenity maintenance is cared for by a homeowner association.  And governance and dispute resolution are set by covenants, rules and shared values that each homeowner consents to follow upon purchasing in the planned community or development.
 
The planned community lifestyle that was once thought to be the active seniors’ “blueprint for retirement,” has now become “destination home” for many at all ages and stages of life.
 
Last modified on
Hits: 6819
0

Posted by on in Condo Newz

b2ap3_thumbnail_pexels-timur-saglambilek-87223.jpg

Numerous reasons for the rising ownership costs in condominium developments and planned communities have been given lately in the media.  These recently mentioned costs are being attributed to inflation, rising interest rates and increased property management operations expenses.  The fact is many property management companies who provide such services as HOA accounting, reserve study inspections and preparation, and HOA management services have increased their fees significantly over the past few years.  But besides these operational costs, the biggest increased cost stressor to HOA community homeowners and boards involves the physical aspects of building reinforcement, maintenance, inspections, replacement and repairs.  This is due to the recognition of aging buildings and amenities that make up the community that were not previously anticipated in HOA financial planning.

...
Last modified on
Continue reading
Hits: 7200
0

Posted by on in Condo Newz

 

 

...
Last modified on
Continue reading
Hits: 5730
0

Posted by on in Condo Newz

Deonn Cole, CCS® Dallas Chapter President and Realtor with Keller Williams DFW Preferred (left) shares a lunch and new PR ideas with Candy Peak Ross, longtime Broker-Realtor and national instructor of the Certified Condominium Specialist designation course.  Through diligently using her CCS®designation in her marketing and business plans, Deonn has greatly increased her real estate business and has reached remarkable condos sales success by marketing with her national CCS® designation.  Since Deonn got her Certified Condominium Specialist® Designation in 2015 from the Council of Condominium Specialists®, Deonn has been on fire selling and leasing condos, townhomes and homes in HOA communities.  Deonn has been so successful selling condos and HOA properties that she has become known amongst her clients and fellow agents as the "Condo Queen" of Dallas.

...
Last modified on
Continue reading
Hits: 6379
0
©2009-2017 Real Estate Investors Institute®, Inc., Council of Condominium Specialists® & Council of CID Specialists® All rights reserved. Certified Condominium Specialist® (CCS™), Accredited Condominium Specialist® (ACS™), Certified Condo Expert® (CCE™), Certified Planned Development Specialist® (CPDS™). Certified CID Specialist® (CCIDS™), Certified HOA Agent Resource®(CHOAAR™), Certified Community Associations Agent® (CCAA™), Certified Co-op Specialist®, Council of Condominium Specialists®, Council of CID Specialists®, Condo University®, Accredited Condo Expert™, Certified Luxury Condo Expert® (CLCE™), Certified Luxury Condominium Specialist™ (CLCS™) Professional Community Associations Agent™ (PCAA™), Community Associations College™, Condo Tiger™, and We Sell Units® are owned and trademarked and/or U.S. Federally-registered trademarks with the USPTO under the name: Real Estate Investors Institute®, Inc. (REII®) All Designations listed above are the sole property of and may be used only with the express permission of Real Estate Investors Institute®, Inc., the Council of CID Specialists®, Council of CIC Specialists™, Certified Common Interest Community Specialist™, and the Council of Condominium Specialists® in accordance with their guidelines and terms and conditions posted on this website and in our materials. Anyone using, altering or misusing our trademarks without our express permission is in violation of U.S. Federal Law. Once our REII® designations are earned, designees may select designations appropriate to their market area and marketing plan from the family of designations owned and authorized by the Real Estate Investors Institute®, Inc. and the Council of CID Specialists® subject to membership and renewal guidelines of the Council of CID Specialists® and subject to their marketplace use. Designation usage ceases upon termination of membership in the Council of CID Specialists®.