"The successful HOA plans for the future instead
of reacting to it."
Many prospective homeowner association buyers
are attracted to their maintenance-free aspect.
Fixed income buyers expect maintenance fees to
relatively remain stable, possibly adjusted by
inflation and little more. Unfortunately, this
is rarely the case due to the tendency of many
boards to keep fees and reserves unrealistically
low. This budget "starvation" results in
deferred maintenance and special assessments.
What can be done to prevent this? Read the
complete article, click below.
