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To: CodeToad

You don’t want to buy one of those older condos in particular until after the full inspectors report so you know exactly how much your special assessment may be - and even then, the condo building (fellow residents) need to also be able to afford it. If they cannot maintain proper liquidity and finance repairs, it would be a mistake to buy in. So I imagine this will take some time for the market to short out.


43 posted on 08/18/2024 3:39:44 PM PDT by monkeyshine (live and let live is dead)
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To: monkeyshine

Sage advice. In any place where structural inspections need to be made, get all that first; otherwise, that condo might not even be there f the repair costs are too high.


44 posted on 08/18/2024 3:43:02 PM PDT by CodeToad (Rule #1: The elites want you dead.)
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