Translate

Thursday, April 5, 2012

Checks and Balances for improvement in a community.




Checks and balances

We the community of Watersedge are entitled as owners to see any type of financial records pertaining to construction budgets, any type of financial record by Washington State Law. You are an owner and you own Watersedge. Not a property management company and not an attorney firm.

The community absolutely is moving forward but is $350.00 a month creating more problems as each month progresses? June 2011 started building M. What was WEHOA reserves prior where are we today with construction expenses? Late July finished N building. The association made significant progress and re-birthed a community showing real positive growth.

We as owners need to see a budget that simply shows a cost break down for building M and N. As an example the budget will show all expenditures of labor, construction material, and General Contractor fee per building.

Troubleshooting problems is how we create a better community at Watersedge. We as a community need to troubleshoot the foreclosure problem here and also figure out the best scenario for replacing the siding and making the HOA monthly bill work out in a favorable fashion that meets the needs as a community like I have tried to help everyone out going back over 4 years. The Real Estate Market is improving and we need to improve our asset.