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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 ] +1 I would not even tour the condo if the building has signs of wear and tear , I don't want neighbors who can tolerate the neglect and care less about the value of their property [/quote] I toured the place where the trash area was disgusting...what kind of animals live there? and their condos are in 600-700 k range [/quote]
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