by Larry Kirschner | Business, Case Studies, Condominium Financing, HOA Financing, HOA Loan, Loans, Uncategorized
Three Questions Current and Potential Homeowners Should Ask Many of us appreciate living in a community with a homeowner association (HOA). That’s because it can afford us access to certain amenities or provide worry-free maintenance of common areas. The fact that...
by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans, Refinance
When faced with expenses, homeowner association boards may find their current income and reserve structure insufficient to meet the community’s capital needs. Although HOAs can mandate a lump sum special assessment, often times this is not the ideal solution. Many...
by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans
Associations across the country are aging. Maturing HOAs are sparking booms in expensive deferred maintenance projects. Sadly, many of these associations do not have adequate reserves to fund the work. Years of poor financial planning have left boards in precarious...
by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans, Uncategorized
As an HOA board member, what should I be thinking about when looking for a loan? First off, you may want to download a Board Member Guide. You can then focus on key questions: Interest Rate The first thing an HOA board should...
by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans, Uncategorized
HOA Loan Basics When faced with expenses, homeowner association boards may find their current income and reserve structure insufficient to meet the community’s capital needs. Although HOAs can mandate a lump sum special assessment, often this is not the ideal...
by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans, Uncategorized
Depressed values Realtors in the area knew that units in the California condominium complex were undervalued. There was a general reluctance to steer potential buyers to the building because of the ominous repairs and renovations that were needed. Both realtors and...
