Monthly Archives: July 2010

What is a Reserve Study?

Sound long-term financial planning can make the difference between thriving or becoming a neighborhood paperweight. Continue reading

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Greedy HOAs Foreclose for Profit? Come On

Homeowner associations are not greedy because they conduct nonjudicial foreclosures for nonpayment of assessments. In the real world, not the journalistic world where loss of ownership is equated with homelessness, the remaining owners, some of whom are on fixed incomes and have budgeted carefully their whole lives, often empty their bank accounts in an effort to keep the association on life support. When the pool of paying owners gets smaller, the remaining owners drown. Continue reading

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