07-25-2005, 08:48 PM
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With all due respect
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Join Date: May 2004
Location: Chicago
Posts: 370
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Quote:
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Originally Posted by osuche
* Check and make sure the condo association is solvent. Many associations reserve the right to levy special fees if a catastrophic event or major repair comes up. It sucks to immediately have to pay thousands (unplanned)
* On the same note -- when was the last time the roof was done? Painting? Windows? Water mains? Any other large ticket items coming up? Does the assn have enough money to cover the expense?
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The full list is excellent, but pay close attention to these two. I'm fighting this right now, with a leaky roof (and therefore, my ceiling) and a big special assesment. It's not fun.
Good luck.
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"A man talking sense to himself is no madder than a man talking nonsense not to himself." - Guildenstern, “Rosencrantz and Guildenstern are Dead”
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