Barker Martin

Condo-HOA Blog - August, 2016

Like Water For Conflict

Having tried over 60 trials to verdict, litigated at least a couple hundred more and counseled clients on perhaps five hundred disputes over the past 20 plus years, it took me until the last few years to understand a very important concept involving legal disputes: The best route to resolution—like water—is the path of least resistance. read more

Informed Decisions

Over the years, Barker Martin has represented many community associations in claims for construction defects and insurance claims. We're proud of our track record in representing homeowners, condo and homeowner associations. The financial impact and hardship that results when a community association faces repairs due to construction defects or significant damage and deterioration is a serious problem for both new and older communities. Repairs are expensive, in some cases expensive enough to result in unpaid assessments and foreclosure. For some owners, the outcome of a construction defect or insurance claims dictates whether or not they can stay in their home. We take that seriously. read more

The Blame Game

Most of us can be quick to point fingers. It might be a fender-bender, an overcooked hamburger, or losing the Superbowl on the last play of the game - I know my first instinct is to figure out who is to blame for my suffering. In life, this instinct may be correct most of the time. If someone hits your car, you call the cops then expect the other driver's insurance to pay to fix it. If your hamburger is burned, you send it back and blame the chef. read more

Housing Opportunity Through Modernization Act of 2016

Following the real estate collapse in 2008 and subsequent recession, the United States Department of Housing and Urban Development ("HUD") and the Federal Housing Authority ("FHA") imposed detailed and restrictive requirements in order for the FHA to provide mortgage insurance on condominium loans. As a result, many condominiums were no longer in compliance with FHA regulations, and potential buyers could not qualify for the much more attractive FHA and other governmentally backed financing. The downturn in the real estate market and buyers' increased difficulty in obtaining condominium financing contributed to large financial institutions shifting their focus from financing development of condominiums to financing apartment projects. read more

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