Read through these relevant papers and make sure you’re willing and able to live by them. Research the fees. Every HOA homeowner will need to pay fees. Ask precisely what those fees are and what they do and do not cover. Make sure the HOA is in good financial standing. Ask to see ...
“If you were to have three circles, one is the property manager, one the board, the third is the CPA firm,” says Love. “It’s the best situation to have all three [overlap]. One circle is the least favorable, which is just the board. It doesn’t mean the association can’t b...
should you purchase. Some condo associations have been forced intobankruptcyfor unpaid HOA dues. If they fall behind on receiving dues, lenders may also stop offering financing on the units, which
So if you don’t have the cash to make up the difference, called an appraisal gap, your deal could be tanked. Failure to secure financing If you don’t secure a mortgage — because something changes in your finances or the money doesn’t come through or is delayed for some other ...
Most employers pay a portion of premiums, so getting a healthcare plan through your or your spouse's job is often the cheapest way to get coverage. Should you choose health insurance with a low premium? Choosing a plan with low premiums can be a good option if you don't get sick frequ...
Learn what a homeowners association fee is and what it pays for. Also, find out how to determine if an HOA fee is a good value or an expense you definitely should avoid.
wouldn't know ahead of time what they're paying out of pocket. If a family member gets sick and has to go to the urgent care and then needs a branded prescription, they could end up paying more than the $87 out-of-pocket cost of the copay plan, depending on the specific treatments...