Afew weeks ago on the Condo Craze and HOAs radio show, I was sent a chart by a listener that showed that just under 50% of condominiums were funding a reserve account in full each month. As I was broadcasting this information, I felt that it sounded a little high. It turned out that I was referring to a national chart of condominiums, and not the State of Florida. Florida is apparently much worse and the actual figure is more like 10 percent at most. This is not good. Read the article………………………..
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November 6, 2018
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