Category: Finance

Finance
2017 March Making Special Assessments Work

For residents on fixed incomes, or those who are already struggling to make ends meet because of a job loss, illness or divorce, any hit to their already-stretched-to-the-max budget can be devastating. So when a board levels an assessment o…

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Finance
For Boards on a Budget...

While not every co-op, condo, or HOA is struggling financially, every board should concern itself with the financial health of the community it governs. Here, financial pros give boards some tips on how to fortify their bottom line. 

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Finance
When Is a Variable Rate Mortgage a Good Idea?

While most purchasers of condos and co-ops prefer conventional fixed-rate financing, there is a substantial market for variable rate co-op and condo mortgages. Generally referred to as ARMs (adjustable rate mortgages), these instruments ca…

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Finance
2017 January Tax Time

If you live in the United States and watch television, you are undoubtedly aware that every January, right before the New Year, the Holiday Season advertising tapers off and the Tax Season advertising begins. From around December 30th to Ap…

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