Condominium Special Assessments

A client asked a great question the other day:  Why do some condos have a special assessment? Three situations immediately come to mind.  The first is the condo association needs money to pay for a large unexpected expense.  Another reason is that the association failed to collect enough from monthly maintenance fees and set aside … Continue reading Condominium Special Assessments

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Quote – James Madison

“It will be of little avail to the people that the laws are made by men of their own choice if the laws be so voluminous that they cannot be read, or so incoherent that they cannot be understood.” – James Madison Share this:ShareEmailPrintShareDiggStumbleUponReddit

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Condo Maintenance Fees

During my work with clients considering a Honolulu condo purchase, many ask the same question:  Condo maintenance fees seem high.  What do I get for my money? One of the reasons for the question is that people who live in a single family home pay for their maintenance and repairs in a different way.  They … Continue reading Condo Maintenance Fees

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Honolulu, Hawaii Real Estate Resale Statistics – First Quarter 2010

The Honolulu Board of REALTORS® released the resale figures below based on data collected from its computerized Multiple Listing Service (MLS) system.  The number of homes and condos sold are for the year-to-date (2010 and 2009).  The median prices cited below are year-to-date for 2010 and 2009 as well.  Single Family Homes   2010 2010 2009 2009 Neighborhood Sold Median* … Continue reading Honolulu, Hawaii Real Estate Resale Statistics – First Quarter 2010

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Quote – Thomas Sowell

“After both World Wars, the United States had to step in to save millions of people in Europe from starving amid the wreckage and rubble that their wars had created.  These do not seem like people whose sophistication we should defer to.” – Thomas Sowell Share this:ShareEmailPrintShareDiggStumbleUponReddit

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