Atlanta Condo and HOA Management – Beacon Management Services
Atlanta Condo and HOA Management Experts Specializing in Residential, Multi-Family, Condominium and Mixed-Use Communities
January 30, 2015 - (Atlanta) Beacon Management Services, a leading real estate management company, was selected to oversee one of the largest residential developments in metro Atlanta. Longlake is a premier, master planned community in south Forsyth County near GA 400 and Hwy 141 (Peachtree Parkway) with over 500 homes. It counts a private 45-acre lake as... Continue Reading →
If you live in a condominium or a community with a Homeowners Association, you are aware that you will see a recurring charge to cover Condo or HOA expenses. In many ways, both fees are essentially the same and help fund the maintenance and upkeep of the community. The Association can use these fees differently... Continue Reading →
A Condominium is a type of property, usually attached, where owners own their unit and a portion of private land that sits on the facilities such as swimming pools, surrounding landscape and clubhouses. All Condo buildings have associations policies governing the condominium project, allocation of routine maintenance costs, and collect monthly, quarterly or annual... Continue Reading →
Assessments – commonly known as HOA dues - are the lifeblood of any Homeowners and Condominium Association. Each association has different policies. This is why it’s wise to ask for a list of the HOA rules and regulations. In general, these are some of the costs that can be covered by HOA or Condominium fees:... Continue Reading →
Condos are selling quickly at the luxurious Sovereign condominium tower located in Buckhead. Back in 2011, the developer was lucky to close just 6 units.How times have changed. I mentioned in my last post the condo market activity has picked up quite a bit. Buyers who are opting for new(er) construction really need to get motivated.At... Continue Reading →
Insurance seems to be on everyone's minds these days. And why not? Premiums seem to be increasing while coverage for home and property is not. Beacon Management Services recently held an informative meeting for one of its properties with representatives from a major insurance company to discuss the topic of the day. A major point of... Continue Reading →
Condo associations are still struggling to meet Federal Housing Administration certification requirements for mortgages insured by the federal agency. Here's the latest FHA condo certification news. Can Your Condos Meet FHA Rules? The FHA guarantees home loans offered through conventional lenders. FHA loans allow homebuyers to use a smaller down payment and sometimes to have... Continue Reading →
On December 28, 2011, Fannie Mae issued new insurance requirements on the condos securing the mortgages it will purchase. Here we give you a feel for the rules and discuss whether it's smart for your HOA to speak to an insurance broker to determine if your master insurance policy meets Fannie Mae's requirements. Why Should... Continue Reading →
Atlanta's housing market is showing positive signs of recovery in several of the city's toniest neighborhoods. Home sales in the $1 million to $2.5 million and higher price range have seen a jump in activity. The Buckhead market, Atlanta's version of Beverly Hills, was one of the last markets to feel the effects of the recent economic... Continue Reading →
Atlanta Condo and HOA Management - Beacon Management Services 