How much is a friend worth as a condo guest? – QUESTION: Can a condo board pass a rule, without amending the governing documents, to collect a fee if I want to have guests stay in my unit? Our condominium is charging a fee of $100 per week if we.
Myth About Condo Fees – condopundit.com – In apartments, condo fee is generally based upon per sq ft basis. Say, if you buy a $700 sq ft condo (common entry level condo apartment), your condo fee can be $0.50 cents p.s.f or $350 per month. Similarly, an apartment of size 1,300 sq ft @ $0.50 cents, condo fee works out to $650 per month.
what is reverse mortgage Reverse Mortgage FAQs | What is a Reverse Mortgage? – Reverse mortgages are based on the age of the borrower – only those 62 and older can apply, and the older you are, the more of your home’s equity you can access to pay off other debts and improve cash flow.
Thornhill condo owners move to turf board amid $1.3M in. – Facing rapidly rising fees and special assessments costing them more than $1 million, dozens of condo owners at a complex in Thornhill, Ont., say they’re taking steps to kick out their condo board.
As a condo owner, you’ll have to pay HOA fees, which are typically based on the percentage of the development you own. For example, if you own a three-bedroom, 2,000-square-foot unit you’ll.
What to do when association won’t address condo’s lack of water – Q: Our condo has no cold (or potable) water in the kitchen. The condo fee covers water. From my conversations with the condo’s management company, fixing the problem entails replacing a major valve in.
fha mortgage insurance premium chart What you need to know about private mortgage insurance – You'll be required to carry private mortgage insurance if you don't have. reduced the annual FHA mortgage insurance premiums from 1.35% to. for a borrower with a credit score between 720 and 759 in the chart below.
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5 things to know about condo fees | Calgary Herald – Condo fees can also increase with very little notice, often every year. Who’s in charge of the money? As an owner, you have a say in how your condo fee is spent. The condo corporation is a non.
How much business Sonnet writes for Economical – But in 2016, Economical started writing personal lines (including auto, homeowner, condo, landlord and tenant. Economic did not specifically say Thursday how much it spent on Sonnet but did say.
mortgage on rental property These days, many people hear in the news that it’s a good time to buy rental property and so they’ve decided that they would like to get started in the property rental business, (a.k.a. being a landlord). But, in order to get into the rental property investment business, how do you obtain mortgage financing tolowest mortgage interest rates Seven factors that determine your mortgage interest rate. – If you’re like most people, you want to get the lowest interest rate that you can find for your mortgage loan. But how is your interest rate determined? That can be difficult to figure out for even the savviest of mortgage shoppers.
Boards of Directors | Condo Information Centre – Failure to enforce rules fairly and consistently (and follow them) generally leads to problems down the road. These can result in a lowering of the standards of comportment in the building, degradation of civility and property, maltreatment of staff, abuse of power on the part of one or more board members, as well as financial problems-all potentially lowering the value of owners’ units on.
Condo Fees. Some condominium communities require new occupants to pay several months of HOA dues in advance, as assurance of the new owner’s fiduciary responsibility. You’ll also pay a fee to.