The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: OT: Homeowner Debt 101? Date:  11/17/2014  10:47 AM
Author:  vkg Number:  308818 of 313010

As aj said, ask about reserves, and ask where they are kept, who has control, what procedures are necessary to withdraw funds, etc.

Two sad stories:

I am amazed that significant withdrawals could be done with a single signature.

Is it possible or common to have association officers bonded?
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us