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Category Archives: Community Finances
Countless Americans face foreclosure when their lending institutions are unable to collect mortgage payments. In an ideal world, no one would ever face foreclosure—for any reason. But that world does not exist. Banks and other lenders foreclose on homes when … Continue reading
Understanding Special Assessments
There’s no way to sugarcoat it: everyone hates special assessments. Getting a notice that you owe more money to the association can not only put a damper on your day but also a dent in your wallet, both of which … Continue reading
Posted in Community Finances
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Assessments, Assessments, Assessments!
As a community manager and condominium owner/volunteer, I many times hear reoccurring questions and comments. Why is the Board raising our dues again this year? What can we do? Do we have to pay? Our dues are much higher than … Continue reading
Posted in Best Practices, Community Finances, Community Living
Tagged assessments, budget, dues, finances
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