FHA Condo Approval Process

FHA Condo Approval: Adding Value for Your Community

How do you add value by getting FHA condo approval for your community? The Federal Housing Administration will insure mortgage loans by lenders that make a loan for the purchase of a residential condo, if the unit is in an FHA-approved condominium…
WI condo reserve accounts

Condominium Reserve Accounts

Condominium Reserve Accounts vs. "Statutory Reserve Accounts" For a condominium community, the best way to prepare for that inevitable expensive repair is to have a reserve fund. Otherwise, when those big ticket repairs need to be made –…
Wisconsin Condo Law and Smoking

Wisconsin Condo Law and Smoking

Wisconsin law prohibits smoking in the common areas of all condominiums. Newly built condominiums can relatively easily prohibit smoking also in individually owned units, although enforcing a smoking ban in privately owned units can be challenging. Adding…