Ok, to clarify, the report said something like” Base on the projected spending for the next 5 years, the hoa is 24% funded”. Then it talk about how and how much it would cost to bring hoa to 100% funded in 5 years.
60% ….hmm..this is quite far from it. I just talked to someone i know who just bought a condo. He didnt even read his hoa doc carefully. we looked at it now and it show his hoa is 17% funded.
By the way, this complex is called Creekwood river run. Anyone know anything specific about it?