For many New England community associations, the fall means more than just apple-picking, cool weather and leaf-peeping.  It also means association meeting time, and very often at those meetings you may hear the board, management or legal counsel invoke the wonder of...

Not interested in inner city living or unable to pay $700K for a condo?  Managing partner Rob Anctil points out an article in Boston Agent Magazine that cites a Warren Group study on the proliferation of condominiums in places other than those well known to younger...

Perkins & Anctil’s Lead Bankruptcy Attorney David Chenelle recently received recognition from the United States Bankruptcy Court, District of Massachusetts in the form of a certificate signed by Chief Judge Frank J. Bailey.  The Recognition Award Program seeks to...

The recent J.D. Power U.S. Primary Mortgage Origination Satisfaction Survey suggests this is due to less than thorough transparency on the part of lenders and borrowers. First time buyers report a lack of understanding of the process while lenders find clients can be...

Lack of agreement in rulings by the Supreme Court and by one District Court has resulted in some homeowners being relieved of responsibility of paying off second mortgages and not others.  At issue is whether a house that is underwater permits a borrower’s second...

Federal Home Loan Mortgage Corporation chief economist Frank Nothaft has noted that 30-year fixed rate mortgages dropped below 4% in mid-October, their lowest since 2013.  They remain at 3.99% as of November 21, signaling a strengthened purchase mortgage market. ...

Many people are of the belief that the mortgage crisis that began in 2007 was brought about by underqualified first time buyers defaulting on loans that were too readily available.  Bankruptcy Attorney Dave Chenelle points out a November 14th, 2014 New York...

After state and local entities pledged hundreds of millions of dollars in cutbacks to support the city’s re-worked pension plan, U.S. Bankruptcy Judge Steven Rhodes called the agreement a miracle.  While retired workers will accept a reduction in income and benefits,...

There are so many borrowing options available today, it can be off-putting when it comes time to choose.  Judging by the volume of television and radio advertisements, internet pop-ups and new storefronts seeking a piece of the market, the numbers of borrowers is on...

We have all heard, and probably used, the “bad apple” idiom at one point in our lives.  You know, the one that goes something like: “All it takes is one bad apple to spoil the bunch.”  There is literal scientific truth to this statement.  A ripening/decaying apple...

On Friday, November 14, 2013, Rob Anctil spoke to a group of 48 real estate professionals at a lunch and Learn event at the Northeast Association of Realtors.  Topics ranged from the process of transition from developer control to insurance policies to unit rentals. ...

Bankruptcy Attorney David Chenelle notes that a Cape Cod real estate developer has filed for Chapter 11 bankruptcy protection.  As reported in the Boston Business Journal by Eric Convey, Stephen G. Powers, Manager of Forestdale Village LLC and developer of the project...

Federal Housing Finance Agency Director Mel Watt has said in an article in the Charlotte Observer that he would ask the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) to back loans with smaller down...

Condominium buyers have a variety of potential priorities in mind when hunting for a new unit, possibly a seaside or mountainside location, an urban setting or a loft situation.  A condominium developer in Denver, CO has added a couple of previously unavailable...

Senior Partner Charlie Perkins noted an interesting piece in the November issue of Condo Media Magazine.  As a member of the College of Community Association Lawyers, he is an advocate of homeowner associations and condominiums and so was glad to read the positive...

As some of you may have heard, last Friday the Massachusetts Appeals Court issued its decision in the case of Drummer Boy Homes Association, Inc. v. Britton.  Our firm, together with other industry leaders and the Community Associations Institute ("CAI") of New...

By: Charles A. Perkins, Jr., Esq. A recent case involving a Cooperative Association attempting to evict tenants who failed to comply with the 55 and over requirement has led to the Housing Court in Weston, Massachusetts finding that the Association had no procedures...

Closing Attorney Rick Dunn found some interesting strategies for first time homebuyers to prepare for the changes associated with owning a piece of property versus renting. Most deal with retaining solid professional help in the form of an agent, lender and attorney...

P&A Managing Partner Rob Anctil, along with Mortgage Network Loan Processor Candace Rosetti, will be speaking at the Northeast Association of Realtors (Perkins & Anctil neighbors at 6 Lyberty Way) on a variety of condominium-related subjects, including...

Bankruptcy Attorney David Chenelle came across an article in the Money section of the CNN.com website that relates to his practice area, the economy and the predicament of many recent college graduates. Entitled “Wall Street firm is causing a stir by suggesting that...