This time of year can be more than a little hectic for anyone serving on a Condominium Board of Directors. At least it is for our Board.
We have budgets for the year to finalize and preparations for Board Elections to be held right after the first of the new year. It's enough to make you [...]

When you have a bucket of lemons…make lemonade…and lemon chiffon pie…and lemon ice.
Yes, yes, I know. We’re bombarded with all kinds of tragic news at home and abroad. It’s so bad now that we’re told most Americans have pretty much shut down. We’re in a holding pattern – waiting for things to improve. It’s true. Times are [...]

Now that the new year is firmly planted under our feet, we’ll probably see a small quickening of activity around us. It’s going to be a slow go, if all the indicators we’re observing on the street are accurate. The market continues slow. Many are scrambling to get some balance. And bad habits are difficult [...]

Condominiums are a very popular lifestyle for those who think they want someone else to take care of maintenance and upkeep of their living quarters. In theory, it does afford an alternative — of sorts.
You buy a unit in a multi-dwelling building. You own your unit and all the headaches of building and landscape maintenance and [...]

Condominiums are pretty nifty. They give residents a place to hang their hats while – generally minimizing all the work and expense of maintaining a free-standing property. But, this easy lifestyle can be desceptive.
Too many invest in a condomininium thinking that they will have no more responsibilities than a renter does…not so. Community living has its drawbacks and [...]

Condo living isn’t for everyone.
The advantages of community living can quickly be cancelled out by the disadvantages of community living. The ideal living situation can turn ugly very quickly. For this reason, it’s really critical that new buyers look very carefully at the structure of the organization BEFORE signing on the bottom line.
Of course, location [...]

Investing in a condominium is not to be taken lightly.
With the cost of living today not many can afford a single family residence on its own plot of land – that’s the great American dream that is rapidly falling by the wayside, at least in places like Chicago.
Condos offer what would appear to be a [...]