What Happens If You Don’t Pay Condo Fees?

What Happens If You Don’t Pay Condo Fees? For example, in California, the amount owed must equal or exceed $1,800 (not including any accelerated assessments, late charges, collection costs, attorneys’ fees, or interest) or be more than twelve months delinquent before the HOA can initiate foreclosure proceedings. What happens if I refuse to pay HOA

Can Hoa Charge To Process Maintenance Checks?

Can Hoa Charge To Process Maintenance Checks? Annual assessments reflect any changes in property value for that year. Adding or removing improvements may increase or decrease a property’s value, and the annual assessment reflects this. How do you write a special assessment letter? Sending a special assessment letter to homeowners Include as many details as

How Bad Is Maintenance Landscaping?

How Bad Is Maintenance Landscaping? For general landscaping maintenance, lawn care, gardening, and up keep, the average homeowner will spend $100 to $200/month. Expect to pay more for a company with a few employees than an individual because of overhead costs. Why are landscapers so unreliable? The biggest reason why so many homeowners hesitate to

Does Yard Work Count As Repairs And Maintenance?

Does Yard Work Count As Repairs And Maintenance? Much of the daily work done in the landscape industry falls under the repairs and maintenance category. Is landscaping considered an asset? Examples of land improvements are drainage and irrigation systems, fencing, landscaping, and parking lots and walkways. A special item is the ongoing cost of landscaping.

How High Maintenance Coop?

How High Maintenance Coop? Co-ops often have high maintenance fees because they include an underlying mortgage. Mortgages get paid down and inflation erodes their real cost. High property taxes can push up costs in either co-ops or condos. Why is monthly maintenance so high in NYC? Co-op shareholders make payments on a building’s mortgage and

Do HOAS Increase Property Values?

Do HOAS Increase Property Values? Do HOAS increase property values? The dues and HOA fees get determined by the value and upkeep of the neighborhood facilities. Great amenities can raise property values, and many homeowners will agree that great amenities are worth higher dues, but the two are not directly related. What are some downsides