Articles
Lender’s Questionnaires
Whenever an owner of a condominium refinances their home or someone buys a condominium, the lender will require the completion of a Lender’s Questionnaire. Lenders require these questionnaires for more than one reason which should be understood by both board members and the person making the written disclosures. See: Lender’s Questionnaire – Purpose.
Read MoreConstruction Managers
Many people enter into construction contracts with general contractors, including seismic retrofit contracts, and all goes well. However, often this is not the case. Sometimes things go wrong. See: Why Hire a Construction Manager.
Read MoreWhere can our HOA Board find information about mandatory earthquake retrofit requirements?
Each city has individual requirements. Some cities do not have current requirements. but that may change. See: Seismic Ordinances in California.
Read MoreUse of Common Area Electricity – Charging Stations
If a homeowner wants to install an electrical vehicle (EV) changing station in a common area or our exclusive use common area (his or her parking space), he or she must meet applicable health or safety standards and requirements by state and local authorities as well as all other applicable zoning, land use or other…
Read MoreProcessing of Invoices
Coast Management of California processes vendor and contractor invoices each week in order to assure timely payment. See: How Coast Management of California Processes Invoices and Contractors, Vendors, and Handy Persons Wanted.
Read MoreZillow No Longer Buying Homes
On October 19,2021, USA Today published an article entitled” Zillow is no longer buying homes.” Many real estate experts believe Zillow took this action because they believe home prices are going to start declining. On the same day, CNN reported: Zillow slams breaks on home buying as it struggles to manage its backlog of inventory.…
Read MoreNew Management Client – 29 Condominiums
Coast Management of California is pleased to announce that we have been engaged to manage a 29-unit condominium community in Long Beach, California.
Read MoreInflation, Crime and HOA Budgets
Due to the unprecedented inflation currently taking place in the United States, most homeowner associations are finding it necessary to re-evaluate their operating budgets and reserve budgets. The cost of electricity, water, and natural gas has continued to skyrocket, and all products that are oil based such as roofing materials, paint, wood stain, plastic, and…
Read MoreMailing of Assessment Checks
The post office is taking more and more time to deliver mail. CoastManagementofCalifornia.com sends assessment invoices out on approximately the 22th day of each month. Assessments are due on the first day of the following month and a late charge is incurred on the 16th if payment is not received by that date. While the…
Read MoreRegistered Sex Offenders
Homeowners who want information about registered sex offenders in California can find information by visiting meganslaw.ca.gov. Searches can be made by location or by name. In most areas, the number of offenders within a five-mile radius is substantial.
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