24
2015
How Reserve Studies Prevent Unexpected & Costly Special Assessments
How reserve studies help homeowners associations establish consistent reserve contributions, and the importance of maintaining a 10% minimum contribution level. Many homebuyers who do not qualify for traditional loans can still enjoy the benefits of homeownership thanks to FHA lending. However, if you’re looking to buy a condominium using FHA funding, the underwriter will turn your loan down unless the homeowners association contributes at least...
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23
2014
Preventative HOA Maintenance.
Our 6th President in office from 1785 until 1788, and a Founding Father, Benjamin Franklin adeptly coined the phrase “An ounce of prevention is worth a pound of cure.” This is the first of what will be a series of newsletters that make up my first blog: Preventative HOA Maintenance. This edition will focus on sewer line backups and what can be done to prevent...
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