Beacon Management – Creating a Vision for the Future
Several Beacon employees enjoyed a night of conversation and goal setting at the Atlanta Women's Network event at The Buckhead Club. Through the guidance of a life coach, we each created our own Vision Board using images and phrases that impacted us personally. You need a roadmap in order to reach your destination!
What are the Differences Between a Condominium Fee & an HOA Fee?
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 →
Basic Facts About Condominium Associations in Atlanta
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 →
HOA Assessment Liens – What it Means if You Fail to Pay Your Homeowner Dues
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 →
There are two components of a reserve study—a physical analysis and a financial analysis. During the physical analysis, a reserve provider evaluates information regarding the physical status and repair/replacement cost of the association’s major common area components. To do so, the provider conducts a component inventory, a condition assessment, and life and valuation estimates. A... Continue Reading →
Atlanta Condominium Insurance: What You Need to Know Before You Buy
Condominium owners should have a definite understanding of the insurance provided by their condominium and what insurance they need to purchase to protect their home. It’s always a good idea to be prepared before your purchase, so read your condominium documents ahead of time (atleast the section on insurance) and obtain a copy of the... Continue Reading →
Beacon Management Services Topic of the Day: FHA Financing Available for Condos ONLY if Entire Building Qualifies
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 →
Beacon Management Services Topic of the Day: $15 Billion of Atlanta Real Estate Sold in 2011
The Atlanta Business Chronicle reported the top residential real estate realtors and companies for 2011. Combined, the top ten real estate organizations sold 87,790 homes and condominiums, representing approximately $15 billion in gross residential sales. Atlanta's Top 10 Real Estate Organizations Ranked by Sales Volume: 1.) Keller Williams Realty, Southeast Region - $3.8 billion 2.)... Continue Reading →
Beacon Management Services Topic of the Day: $15 Billion of Atlanta Real Estate Sold in 2011
The Atlanta Business Chronicle reported the top residential real estate realtors and companies for 2011. Combined, the top ten real estate organizations sold 87,790 homes and condominiums, representing approximately $15 billion in gross residential sales. Atlanta's Top 10 Real Estate Organizations Ranked by Sales Volume: 1.) Keller Williams Realty, Southeast Region - $3.8 billion 2.)... Continue Reading →