Kontakt » also find right out of the association w

I had one client who found out on the inspection that the roof on the town they were buying had worn considerably faster than it should have and was going to need replacement even though it should have lasted another 3-5 years.
To avoid this you must get a copy in the association’s most recent financial statement and review this during the time period allowed. You should also find right out of the association what percentage with owners are behind on their dues. Condo communities that were integrated Florida during the boom or were ‘condo conversions’ in the boom years are seeing a great deal of foreclosures due to may be sales that were to investors and as a result of drop in values. If too many people not paying their dues it can result in an increase in dues to your owners that are paying to hide the annual expenses. This is something that’s seen more in areas like Miami but is usually something I have seen in a few complexes in this region.