Why a Loan is (Sometimes) a Good Idea for Your Homeowners Association
Your association board is planning for the big project on the horizon, and is currently reviewing how to finance it. For several reasons, you don’t believe you’ll have enough funds in the association’s operating budget or reserves to cover the project’s entire bill. What should you do? Split the project up over several years, levy a special assessment, or maybe get a loan? Read the article………
A common question Owners ask is what to do if a Condo Association rule is being ignored and going unenforced.
It’s that time of year when board members and financial committee members convene to start the annual budget preparation for
Which qualities do responsible co-op and condo boards possess? What things can boards pursue that genuinely increase apartments’ market value?