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Response to demtenjeep (Reply #6)

Sun Jul 29, 2012, 06:33 PM

9. Find out everything you can about the homeowners' association.

If you buy a condo in a shared community then you own property as part of a group. All decisions about the communally-owned property have to be made by the group. Ask to see all the governing documents, restrictive covenants, guidelines, etc. Find out what you are and aren't allowed to do. Find out if the HOA is solvent, if they are expecting any big assessments soon, if they have a well-run, functional board, how much input non-board members have, etc.

It can be a BIG adjustment to go from a single family home to living in a condo association. Find out all the details before you sign.

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Arrow 32 replies Author Time Post
demtenjeep Jul 2012 OP
Lint Head Jul 2012 #1
demtenjeep Jul 2012 #2
Lint Head Jul 2012 #3
monmouth Jul 2012 #7
Lint Head Jul 2012 #18
Seedersandleechers Jul 2012 #4
demtenjeep Jul 2012 #6
monmouth Jul 2012 #8
ellenfl Jul 2012 #31
LineLineLineReply Find out everything you can about the homeowners' association.
yardwork Jul 2012 #9
demtenjeep Jul 2012 #10
Seedersandleechers Jul 2012 #11
demtenjeep Jul 2012 #12
peacebird Jul 2012 #5
demtenjeep Jul 2012 #13
peacebird Jul 2012 #16
NNN0LHI Jul 2012 #14
demtenjeep Jul 2012 #15
NNN0LHI Jul 2012 #17
demtenjeep Jul 2012 #21
NNN0LHI Jul 2012 #26
demtenjeep Jul 2012 #28
NNN0LHI Jul 2012 #30
oldhippie Jul 2012 #27
CTyankee Jul 2012 #19
demtenjeep Jul 2012 #20
CTyankee Jul 2012 #22
Beacool Jul 2012 #23
kaiden Jul 2012 #24
demtenjeep Jul 2012 #25
tularetom Jul 2012 #29
demtenjeep Jul 2012 #32
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