Should Your HOA Take Out a Loan?

What do you do if your homeowners association board is planning a big project but doesn’t have information saved in the reserves or operating budget for the entire cost? There are a few different options. You can collect special assessments, break up the project to span several years, or get a loan.    Read the article………….


Related Articles

Budget Tips: 5 Reasons Your Landscape Maintenance Costs May Increase

Landscape maintenance budgets can be a major component for homeowners associations and in some cases condominium budgets. What should your

Community Association Residents Are Overwhelmingly Satisfied

Americans who make their homes in homeowners associations and condominiums are overwhelmingly satisfied with their communities, according to national survey

Written Ballot vs. Proxies

Planned communities and condominiums (I’ll refer to both types of communities as community associations) are very much like small countries.