4 ms·
My bad, I think I misinterpreted your question! Each home has a reserve fund that is paid into by all co-owners. For standard fixes/improvements, Ancana will ha
by rblack44 5y ago
My bad, I think I misinterpreted your question! Each home has a reserve fund that is paid into by all co-owners. For standard fixes/improvements, Ancana will handle the work and pay for it out of the reserve fund.
If a co-owner stops paying their monthly fees, they are in violation of the real estate contract and liable to forfeit their ownership in the home. Similar to someone defaulting on their mortgage.
- DonHopkins 5y agoWhat is unique and refreshing about your pitch is that you're using contracts, but you don't use the blockchain! The environment thanks you, and you don't automatically sound like a charlatan shilling a get-rich-quick pyramid scheme. And you used a nice word like "bananas" to aptly describe the US housing market instead of cussing.
- fuzzer37 5y ago> you don't automatically sound like a charlatan shilling a get-rich-quick pyramid scheme Well they don't automatically, but this is still very clearly just a shady timeshare ad.
- DonHopkins 5y agoNow where did I put my Buzzword Bingo card? I think I have a winner! What a singularly awful name, that didn't age well in the COVID era: Crowdvilla will leverage blockchain to rejuvenate the timeshare industry https://venturebeat.com/2018/03/20/crowdvilla-will-leverage-blockchain-to-rejuvenate-the-timeshare-industry/ https://venturebeat.com/2018/03/20/crowdvilla-will-leverage-...