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Reply to "Signs of a dysfunctional condo association [DC] "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Have owned two different condos and have many friends who have owned condos as well. Red flags: Self-managed Fees too low Special assessments (indicates fees may have been too low to cover upkeep, poorly managed, or similar) Also, look at upkeep of the building. Clean? Well maintained? Not a guarantee there’s nothing wrong if it’s clean, but can be a red flag of other deferred maintenance if you see obvious signs of wear and tear or neglect in the common areas. [/quote] Agree, 100%, I have toured a condo where the building looks neglected: old smelly carpet, chipping paint in the halls and outside, the doors of the trash area do not close and all rotten - could not believe the owner of the condo is asking 750K for one bedroom plus den [/quote] OP here, I think I know the conod ...my real estate agent actually told me that the owners are fighting with each other for some insurance money [/quote]
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