Beacon Management Services is pleased to announce the recent addition of three new employees at its corporate office. Haya Whitsett joined as a Community Association Manager; Erica Walker was added to the Client Services department, and Marlon Byrd joined the Mobile Maintenance Services Division. The newly hired employees will work at Beacon’s headquarters located in... 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 →
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: Does Your Condo Building Meet the New Fannie Mae Insurance Guidelines?
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 →
Beacon Management Services Topic of the Day: Is Buckhead Leading the Atlanta Housing Market Recovery?
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 →
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 →
Beacon Management Services Topic of the Day: Is Atlanta’s Largest Condo Going Rental?
An affiliate of a Miami real estate company has reached an agreement to purchase the remaining unsold condos in Midtown’s 401-unit The Atlantic tower, according to sources familiar with the transaction. Crescent Heights is the buyer, according to sources. It’s unclear whether Crescent Heights will try to sell the remaining Atlantic units or convert them... Continue Reading →
Atlanta Condo and HOA Management - Beacon Management Services 