Spring is around the corner! It's time to begin planning for major capital repairs and deferred maintenance that needs to be completed in the warmer months.
If you have major anticipated projects but inadequate reserves, you may be putting off expensive capital repairs because you don't want to hit owners with a huge special assessment. But prolonging needed maintenance leads to higher costs and potential damage to your common elements. Your association may be eligible for a loan so that you can complete the work now and allow owners to pay it off over time.
Join the Condoly Community on Skool on Wednesday, March 11th at 6:30 for "Loans for Capital Repairs" Training
Condoly's guest lender will walk you through the loan application process for condominium associations. You'll learn about the documentation required to apply, the criteria for approval and how the board approves a loan and special assessment to cover payments.
Date and Time
Wednesday, February 25th
6:30 - 7:30 pm
Virtual
How to Register
To attend, you must join the Condoly community on the Skool platform. Webinar access information is provided on the community Calendar.
Join the Condoly Community on Skool
Source Bids for your Capital Repair projects on the Condoly app!
