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You would either get a home equity line of credit, or do a mortgage re-finance if you didn't have the cash. However, chances are that mortgage rates are not as good now as they were a year ago for a lot of people and I guess people are running tight, tight budgets. I was on a variable with a prime-0.7, but not anymore. Unless you're under a collateral charge mortgage, you gotta pony up for legal fees again too so that's another grand or so.
If the complex is in good shape and you can see yourself living there for another 5+ years, it makes sense to pony up the cash and pay the assessment. As long as the work performed is solid, having a major project done, like a roof or the envelope, is a major selling point.
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