Thread: Condo getaway
View Single Post
Old 02-26-2021, 08:39 AM   #5
phoenix
Senior Member
 
phoenix's Avatar
 
Join Date: Apr 2004
Location: phoenix and moultonboro
Posts: 1,520
Thanks: 58
Thanked 266 Times in 187 Posts
Default

following up on Bob's comment most good associations contract periodically with an outside firm to do a reserve assessment . they look at common areas that will need spending over next 15-20 years and look at the reserves to see what % they have covered . i good indicator of likely one time assessments
__________________
it's tough to make predictions specially about the future
phoenix is offline   Reply With Quote
Sponsored Links