Stupid is as Stupid does…A Peek Into Condo World

Written by Mitchell Drimmer on . Posted in COMMUNITY ASSOCIATION COLLECTIONS, Condo capital improvement loans, condo collection agency, CONDO COLLECTIONS, CONDOS, hoa and condo financials, HOA Capital Improvement loans, hoa collection agency, HOA COLLECTIONS, Hoa loans, SNAP COLLECTIONS, Uncategorized, VIRGINIA COMMUNITY ASSOCIATION COLLECTIONS, Virginia condo collections, WASHINGTON D.C. COMMUNITY ASSOCIATION COLLECTIONS

In my many travels in condo world I have seen some pretty poor practices by boards of directors and management companies but the prize for the most egregious acts I have ever seen has to go to a nice luxury building in Aventura, Florida of which I am very familiar with.

Short Term Community Association Loans

Written by Mitchell Drimmer on . Posted in Capital Improvement Projects HO, community association loans, Condo capital improvement loans, HOA Capital Improvement loans, Hoa loans, loans for condos, loans for HOAs, pool repair, roofing repair, Uncategorized

So your condo and HOA has a capital improvement project that cannot wait any longer. The board has put off the maintenance or repairs long enough and its time the roof, pool, drive way, plumbing, electrical, security or painting job finally got done. No matter what, it is it’s going to cost a nice chunk of change and the reserves have been depleted due to the financial crisis that we are just coming out of. Its time to think about Community Association Loans.