I'm trying to do my due diligence in examining the Condo Association's finances and would greatly appreciate your take on my situation.For the 3 years for which I have Budget data, the Condo Assoc. has been, or is projected to be, over budget (an Operating Fund Deficit) of 6% (2016), 0.5% (2019), and 1.2% (2020). 

And where I live that was a $2300 deficit, so it hurt when someone did not pay.

Admittedly, you may have to eat a deficit on the prorated rent for the month of closing, but that is not uncommon in these situations, and, in the grand scheme of things, you're more concerned with what they owe you for current rent after you own the building.

With the CARES ACT passed and in full effect our national deficit is looking to hit 30 Trillion Dollars in the near future!

If we find the Utilities Budget funding is in deficit when we reconcile, we invoice the tenant and future fund contributions are increased to mitigate the chance of a repeated shortfall.

Tax revenues will have to participate in a vital part in the government’s hard work to rein in the deficit at the estimated 4.8 per cent of GDP in 2013-14, an aim that the finance minister has been wanting to accomplished and had given it a deadline.Westhill Consulting is a headmost independent firm of licensed Accountants and business advisers that offers a full range of accountancy and taxation services for our clients within Asia region.It is our pride and honor to provide our clients with the most excellent kind of service, dealing with each and every task with absolute dedication and professionalism.

Theyhave been pumping so much money into the economy to prop itup, its time to slow the expansion down before all that cash comesback on shore and haunts us in the form of outrageous inflation.Of course I believe the whole idea behind NAFTA, GATT, CAFTAFTAA, massive trade deficits, and this foreign outsourcing is to keepall that cash offshore so as not to tank our economy A revealing discussion on the expansion and contraction of the monetary system can be found in a publication called “Modern Money Mechanics” put out by the Federal Reserve Bank of Chicago.

Does he have some cash to pay down the mortgage to zero out that $500 monthly deficit?

The massive deficit spending is going to hit hard in the next few years.

Whatever "incentive" money you put in the purchase agreement will just go to the bank to reduce the seller's short sale deficit.