Tag: new this week

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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Maintenance
Why Do a Capital Assessment?

Making sure your building or association has adequate funds to carry out major capital projects - roof repairs, boiler/HVAC replacements, new windows, etc. - is a crucial part of your board's fiduciary duty, and conducting a capital assessm…

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Landscaping
Hiring a Landscaping Company

Spring is around the corner, and with warmer weather and sunnier days come lots of decisions about how to care for your building or HOA's landscaping elements. Here, landscaping and lawn care pros share some ideas about what boards can do b…

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Board Operations
When Co-Op Interviews Get Invasive

Interviews of all stripes are notoriously nerve-wracking for those being placed under scrutiny. Even mundane details about one's hobbies and interests can seem like daunting reveals when confronted by a stranger in an uncomfortable setting.…

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