Your community has experienced a massive
fire. Your loss exceeds your maximum insurance coverage, so your
Association has no option but to seek a loan so that you may
fund all repairs. Your community is a garden style with 8
buildings; the fire caused the total loss of two buildings. The
Board works with the adjuster and insurance carrier, funds are
received, but alas, you’re under insured and $400K short. The
Board obtains a loan, passes a special assessment to repay the
loan and everything seems fine. OH, but wait!! A group of
Homeowners are contesting the special assessment, it wasn’t
their building destroyed. Why should they be held responsible to
pay the loan payment to rebuild someone else’s building? Now the
protesting Homeowner’s are in full protest mode, their numbers
are growing by the day. Everyone, except the Board Members, in
the six undamaged buildings is working to rescind the special
assessment, cancel the loan agreement and stop construction! Can
you see how ugly this is going to get?
I am curious. Do you think these Homeowners
can accomplish their goals? Do you think only the two damaged
buildings should be assessed for the loan repayment?
Darlys
Walker, Founder and CEO of Condominium Concepts
Management, Inc. (CCM), is recognized for her straight
talk, subject matter expertise, and valued insights
regarding real
estate
management, leasing, and HOAs. Her company serves a diverse
portfolio of properties, from 16-units up to 600 as well as
large mixed-use developments.
From its beginnings in 2000, CCM has become a well-respected
asset manager and now works with over 100 associations with
16,000 units served by over 300 employees. Darlys and her team
deliver resources and responsiveness through six regional
offices - in
Orlando, Miami, Jacksonville, Charleston,
Nashville
and Atlanta.
Darlys Walker is best known for her passion and precision,
understanding that the only difference that matters in today's
demanding marketplace is service delivery ... doing what is
promised and what is right. She knows that every community
serves two masters ... the property owner/developer and the
resident/homeowner. "If we are not equally responsive to
both, we are not doing our job," she states.
Her clients say it best: "Darlys really knows her
stuff" ... "at the top of her profession and it shows
in the caliber of her clients" ... "delivers quality
resources that match up well with needs and expectations that
are really rigorous."
She is a licensed Real Estate Broker in four states, holds an
Associate's Degree in Marketing and has earned the Accredited
Real Estate Manager designation from the Georgia Institute of
Real Estate Management. Also she is one of few certified as a
Lead-Based Paint Abatement & Removal Trainer in Georgia.
