Category: Finance

Finance
2012 July Pay Up!

 In the tough economic environment that has hit our nation over the past few  years, many condo owners have faced job loss, pay cuts or just financial  uncertainty. Unfortunately, the signs of the times sometimes leads to an owner  not pay…

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Finance
2012 July Cash-Strapped?

True story: a condominium community’s board of directors spent almost $50,000 in legal fees and court costs to evict a corpulent canine that exceeded the weight limit for residents’ dogs...by three whole pounds. In another comm…

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Finance
2012 May Preparing for a Rainy Day

 Unless it's a thoughtful gift or a party in their honor, nobody likes surprises.  That's especially true when it comes to sudden, serious, or non-negotiable  repairs to a condo building or HOA. A community must have enough money saved to …

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Finance
2011 July Prioritizing Projects

 When money is tight, consumers typically put away their credit cards and take  stock—cutting out non-essentials, such as dining out and luxurious vacations—to make ends meet. Strapped homeowners will limit their funds to emergency  repair…

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