Barker Martin

Condo-HOA Blog - Hoa

The Price is Wrong

As a kid, whenever I was home sick I'd be faced with the inevitable problem faced by thousands in my situation: what to watch on daytime television. As soap operas were not my speed, I'd almost always settle on game shows. My favorite, like many, was the Price is Right. Some days I'd be lucky enough to catch my favorite part of the show; the $1 bid. When the other contestants grossly overestimated the value of the showcase, the entire audience (and one sickly kid watching from home) would be yelling for the contestant to bid $1. A victory for that contestant felt like a victory for all of us. read more

WSCAI's CA Day!

WSCAI's CA Day is coming up on September 24! Please come see Dave Silver and Alexis Ducich speak about how to turn defensible enforcement matters into indefensible collections actions, or join Dan Zimberoff and others to learn about unit water events and how to handle them. Barker Martin attorneys will be at the booth all day. We look forward to seeing you! 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

The Good, the Bad, and the Ugly of the Insurance Discovery Rule

I was flipping through the channels this weekend and stumbled on the Clint Eastwood classic spaghetti western, The Good, the Bad, and the Ugly. Life imitates art and it occurred to me that most situations feature an element of good, bad, and downright ugly. I have a number of "First Party Insurance" claims sitting on my desk (e.g. an Association pursuing its own carrier for discovered property damage). Many of these involve the "discovery rule." Having dealt with this rule on a number of occasions, I've discovered the good, the bad, and the ugly of this rule. read more

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