{"id":539,"date":"2009-02-04T14:50:06","date_gmt":"2009-02-04T20:50:06","guid":{"rendered":"http:\/\/www.meadowhill.net\/?p=539"},"modified":"2009-02-04T14:50:06","modified_gmt":"2009-02-04T20:50:06","slug":"money-matters-feb-09","status":"publish","type":"post","link":"https:\/\/meadowhill.net\/?p=539","title":{"rendered":"MONEY MATTERS! &#8211; Feb 09"},"content":{"rendered":"<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\"><span style=\"font-size: small; font-family: Arial;\">And then there was one!<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>And so we are now down to our last building.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>And although the ugly weather of late has caused some slippage in our completion date, it will not impact our planned timetable for going forward. <span style=\"mso-spacerun: yes;\">\u00a0<\/span>As a reminder, here are the key dates that you should keep in mind.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\"><span style=\"font-size: small;\"><span style=\"font-family: Arial;\"><em><span style=\"text-decoration: underline;\"><span style=\"mso-spacerun: yes;\">\u00a0\u00a0 <\/span>Early February<\/span><\/em> \u2013 The Board and APM will determine the final cost for the project.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\"><span style=\"font-size: small; font-family: Arial;\">Middle of February \u2013 You will be notified by letter of the overall final project cost, your final cost, your options and costs, and payment dates.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Additionally, if you have not yet paid for your siding in full, you will be asked to let us know if you intend to pay for it with the 10 year loan option.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\"><span style=\"font-size: small;\"><span style=\"font-family: Arial;\"><span style=\"mso-spacerun: yes;\">\u00a0\u00a0 <\/span><em><span style=\"text-decoration: underline;\">March 1<sup>st<\/sup><\/span><\/em> \u2013 This will be the Payment Due Date \u2013 the date that all siding payments are due.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>It will also be the date for your first loan payment, if you are selecting that option.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\"><span style=\"font-size: small;\"><span style=\"font-family: Arial;\"><span style=\"mso-spacerun: yes;\">\u00a0\u00a0 <\/span><em><span style=\"text-decoration: underline;\">Middle of March<\/span><\/em> \u2013 Refund checks (applicable only if the project costs is less than $1,500,000) will be mailed to all owners who have already paid in full.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\"><span style=\"font-family: Arial;\"><strong><span style=\"font-size: 11pt; line-height: 115%;\">Important<\/span><\/strong><span style=\"font-size: small;\"> \u2013 if you are currently making the monthly special assessment payments (aka \u201dthe interest payments\u201d), you must make the February payment <span style=\"mso-spacerun: yes;\">\u00a0<\/span>(unless you pay for your siding in full during January).<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\"><span style=\"font-family: Arial;\"><span style=\"font-size: small;\">For those considering the 10 year loan option, the interest rate is 7.35% with your first payment due March1.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>All owners are encouraged to seek out other financing options that may be more attractive. Your monthly loan payment will be due the 1<sup>st<\/sup> of each month for 10 years together with your regular monthly common fee payment.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Both fees will need to be paid in full each month.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>The loan may be paid off early at any time at no penalty.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>If you have any questions, please call me or email me <\/span><span style=\"font-size: 11pt; line-height: 115%;\">(LINCMAY@COX.NET)<\/span><span style=\"font-size: small;\">.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>And then there was one!\u00a0 And so we are now down to our last building.\u00a0 And although the ugly weather of late has caused some slippage in our completion date, it will not impact our [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-539","post","type-post","status-publish","format-standard","hentry","category-lark"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/meadowhill.net\/index.php?rest_route=\/wp\/v2\/posts\/539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/meadowhill.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/meadowhill.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/meadowhill.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/meadowhill.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=539"}],"version-history":[{"count":3,"href":"https:\/\/meadowhill.net\/index.php?rest_route=\/wp\/v2\/posts\/539\/revisions"}],"predecessor-version":[{"id":543,"href":"https:\/\/meadowhill.net\/index.php?rest_route=\/wp\/v2\/posts\/539\/revisions\/543"}],"wp:attachment":[{"href":"https:\/\/meadowhill.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/meadowhill.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/meadowhill.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}