Real Estate Survival Guide with Terry Story
Business:Investing
The last topic Steve brings up is from Terry’s “Survival Guide”—“is it worth suing a rogue condo board president?” The question comes from someone who lives in a community association where the president of the board is violating multiple statutory provisions and rules. When challenged by a homeowner at a board meeting, the president invited the owner to just deal with it or sue him. Terry says that the president of the board can’t just tweak the rules to whatever he wants them to be for himself. The best course of action would be to try to talk with other owners about exactly which rules are being broken and if they are truly harmful to the community, you should consider taking legal action. Determining whether a behavior is harmful or merely technical is the important question to ask because seeking a legal recourse will probably be expensive and time-consuming. It’s always better to try to find another way to work out the problem, like convincing this board president to change their rule-bending ways for the betterment of all. If all else fails, you can try to vote the jerk out in the next board election!
July 12th - It’s a Seller’s Market for Now, But Things Could “Flip”
July 5th - Increase In Fannie Mae’s Debt To Income Ceiling Should Make Your Next House Easier To Buy
June 28th - Why Are Millennials Buying Homes Rather Than Renting Them?
June 21st - How Will Eliminating The Property Tax Deduction Affect You?
June 15th - It’s Hurricane Season Again! Do You Have The Right Insurance?
June 7th - The Stress Of Moving Is Keeping People At Home
May 31st - Low Housing Inventory Is Frustrating Would Be Buyers
May 24th - Looking For A Retreat? How About Vero Beach?
May 18th - Home Sales And Prices Spring Forward
May 10th - How To Guarantee A Return On Your Home Improvement Investment
April 26th - What Do Bankruptcy And Your IRS Refund Have In Common?
April 19th - The Home Affordability Crisis: Are You Being Priced Out Of The Real Estate Market?
April 12th - Worried About Thin Credit? Get Back On The Grid!
April 5th - Real Estate Prices Are Higher Because Of Millennials Buying Homes
March 29th - How To Buy A Home When You Already Own A Home
June 21st - How Will Eliminating The Property Tax Deduction Affect You?
Aug. 9th - Think Outside The Box To Win In Today’s Tight Housing Market
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