Wednesday, March 30, 2011

Food for Thought

So what's everyone's reaction to the news last night. In my opinion the cost to repair the windows was a surprise. I was expecting a more costly estimate and the roof estimate was reasonable as well. A few thoughts came to mind since the meeting. What would the monthly cost be for a 5 yr/10yr vs 15yr loan? I would prefer a shorter loan period if the monthly cost was reasonable. If the fee becomes part of our condo fee will the fee be reduced once the loan is paid off? Who will decide if there is mold in the walls? If the contractor is the one who makes that decision you can bet he won't find any. We need someone who is not associated with the contractor to make that decision and that person will need to be on sight to inspect each unit at the time the window is out. A once a week check will not work. Let's get some discussing going. This is a big cost and project. If we don't stay on top of this we can expect something less than good results.

Monday, March 28, 2011