How to Discuss Assessment Increases with HOA Members
No condo owner wants to be hit with an assessment increase, but for the financial health of the association, it’s […]
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condo budget
Common Misconceptions About An HOA Assessment Increase
An HOA assessment increase is a topic that often stirs discussions and concerns within communities. Misconceptions can lead to misunderstandings,
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How To Calculate HOA Assessment Amounts
Chicago-area condo associations rely on regular assessments from residents to maintain the community, fund essential services, and plan for future
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Managing Limited Resources: Small Condo Association Budget Planning Tips
Condo associations of all sizes are tasked with managing and prioritizing spending for the HOA. When budgets are smaller, as
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Budget-Friendly Management Tips for Small Condo Associations
Managing a small condo association – generally those with fewer than 20 units in the building – requires creativity, careful
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Chicago Condo Budget Requirements
Establishing the annual budget is a big and stressful job for condo board members. Not only must they abide by
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Buying a Condo in Chicago: Evaluating Association Financials and More
Buying a condo in Chicago is always exciting, but to be sure that you fully understand the risks of your
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How To Request Condo Financial Statements In Illinois?
Every now and then, owners will want to request condo financial statements. When that happens, board members must know how
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How Do You Read a Condo Association Balance Sheet?
Reading a condo association’s balance sheet can provide valuable insight into its financial health and overall financial position. It also
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How to Check for the Financial Health of a Condo Association
Checking the financial health of a condo association is an important step if you’re thinking about buying a condo. It’s
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