Q: Our condo is raising our monthly assessments again, this time claiming that the building’s insurance went up. Since our building has insurance, we are not sure why we need to have our own policy ...

What does condo insurance actually cover in a city like Chicago? HelloNation has published the answer in an article featuring ...

On March 18, the FHFA announced that Fannie Mae and Freddie Mac (i.e., the enterprises) would remove and revise certain homeowners insurance and condominium project review requirements across their ...

Condo ownership can be more expensive than many expect, with HOA dues, insurance premiums, special assessments, and closing costs all adding up. Rising climate risks, aging buildings, and underfunded ...

Stricter review process: Limited condo reviews end August 3, 2026, requiring full financial and structural documentation for most sales. Higher reserve demands: By January 4, 2027, HOAs must allocate ...

Discover how condominiums differ from apartments in ownership, structure, and fees. Get insights into condo living, community ...