Did You Record That Judgment? Tips on Maintaining the Critical Priority of your Foreclosure Judgment – Article by Paul W. Windust, Esq.

A recent appellate decision from the First District Court of Appeal in San Francisco (Diamond Heights Village Association v. Financial Freedom Senior Funding Corp) highlights the necessity to record judicial foreclosure judgments. In that case, the association recorded assessments liens against a condominium unit after the unit owner failed to pay maintenance assessments for several … Continue reading

When a Condominium Association Rents Storage Space to Owners,The Association is Bound By The Same Laws As Popular Commercial Facilities Such As Public Storage – Article By Joan E. Lewis-Heard, Esq. Edited by David C. Swedelson, Esq.

Many California condominium associations have common area storage lockers, rooms or areas that are made available to the owners. Sometimes, the storage area is assigned in a deed as exclusive use common area. More often then not, these areas are not   assigned, and the board has the ability to assign and rent them to … Continue reading

How Foreclosures Work – Article’s by Charles W. Bryant & Foreclosurequestionsguru.com

 You made smart decisions on the path to realizing your dream of homeownership. You prioritized your spending and saved enough money for a small down payment. Your mortgage broker was creative, accommodating and worked out a loan that fit your budget. You signed the closing papers, got the keys, moved in and settled into what … Continue reading

Short Sales Explained – Article by StockMarketsReview.com

Definition: Simply put, a Short Sale occurs when a homes market value is less then the outstanding mortgage debt plus sales costs (sometimes called an upside down Mortgage. The mortgage bank(s) must agree to write-off a portion of the outstanding loan debt resulting in a short payoff. Short Sale Example: For example, if a home … Continue reading

Condo Association or HOA Collection Policies for Fees and Assessments – Article by CondoAssociation.com

Assessments are the life-blood of condo associations and HOAs.  Yet only in a very fortunate few condo associations can collection of assessments be left to a laissez faire process.  Most condo associations need to have a cohesive and consistent collection process to thrive and not merely survive. This article deals not only with the process … Continue reading

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    Amber Property Management 27261 Las Ramblas, Suite 100 Mission Viejo, CA 92691 General email mark@amberpm.com and or tracey@amberpm.com Office (949) 429-5831 Fax (949) 429-5933