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Limestone Investments, LLC |
Q: My wife and I are going to put our house up for sale soon. Someone told us about a realty company that lists your home on the Multiple Listing Service, provides signs and paperwork and has a number of services you can purchase.
Editor's note: Listings include the resale home's parcel number. Occasionally, the address listed is the homebuyer's mailing address and not the actual location of the home. Check the parcel number to make sure. Also, a few transactions do not reflect the market value of the homes.
Q: Last October, our homeowners association board approved as much as a $100,000 loan that was to be repaid by the end of the 2011-2012 budget year, which ended Feb. 28. The loan was to specifically pay a community and a golf course water bill. The actual loan was $50,000 and when it came time to repay it, the board voted not to. Is this an acceptable action by the board and, if so, is there a limit to how often and how much they can borrow from the reserves and not pay it back?
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