Budgets/Assessments/Fees

Understanding the HOA Capital Contribution Fee

Several closing costs come with the purchase of a new home. And if the house is part of a homeowners…

1 year ago

Why Are My HOA Fees So High? Inflation’s Impact on Your HOA Assessments

Whether your HOA’s assessments are monthly, quarterly, or yearly, it’s that time of the year again where you may have…

1 year ago

4 Important Line Items to Include in Your HOA’s Annual Budget

HOA budget planning will be a constant for any members on the board. While it can seem daunting at first,…

1 year ago

Expect higher HOA assessments in 2023 (NV)

Q: Our homeowners association has stated they will be increasing our monthly fees by 25 percent starting in January 2023.…

1 year ago

Does Recession Affect The HOA? How And What To Do?

One of the last things any homeowners association needs is a recession. But in what way can a recession affect…

1 year ago

Margate Residents Scramble Over Condo Fees (FL)

A Margate resident is scrambling over rising condo fees, afraid that she’ll be forced to move out. NBC 6’s Heather…

1 year ago

Real estate Q&A: Can we refuse to pay special assessment? (FL)

Q: Our board recently passed a special assessment. Several of our neighbors disagree with the assessment and are refusing to…

1 year ago

But We Can’t Afford It! (CA)

omeownership entails dealing with occasional unanticipated expenses. Recently, I didn’t plan on a main water line breaking, but it happened.…

1 year ago

Everything Condo Residents Need to Know About Assessments (ON)

Residents living in a condominium community appreciate amenities and other benefits, but these features come at a price, paid for…

1 year ago

Here’s How Your HOA Can Avoid Special Assessments

These assessments usually happen because there is a shortfall in the HOA budget and unexpected repairs, but in recent years…

1 year ago