Tag Archives: afford

“Excuses, Excuses”

An excuse has been defined as “the skin of a reason stuffed with a lie”. There are two Boardmember sentiments we hear most frequently expressed: “We can’t afford the Reserve Funding Plan” and “We’ll worry about that next year”.  But no matter how many times a Boardmember may repeat these sentences, it doesn’t mean they’re true and it doesn’t mean they’re wise. After we look beneath the skin of these two reasons, it may surprise you how differently you feel about these excuses!

Read more

NV: HOAs are important to our valley communities

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

The economy has suffered blow after blow the past few years, which has resulted in far-reaching and devastating effects on people across the country. As we have seen here in Southern Nevada and throughout the nation, many can’t afford to pay their mortgages and homeowners association assessments and end up facing foreclosure.
Read more

IL: Better training of board members bolsters association

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

Marynowski has become a strong advocate for board training and would like legislators to make it mandatory. “The lack of recourse for mismanagement by board members is non-existent unless you can afford an attorney,” she said
Read more