Be Cautious When Buying Into Condo HOA
September 27th, 2009It has always been critical to review homeowner association docs when considering a condominium purchase. In today's economic times, it is even moreso.
With many people behind on their mortgage payments, it is possible that they are also behind on monthly dues, which go toward maintenance of common areas, the exterior shell, and a portion going toward reserves. If these payments have not ...