Not a good story for the owners involved in this situation where owners were all special assessed to raise $2.3 million.
I feel for the owners of this building but this comment from the story is particularly important.
Owners would have known about the eventual repairs had they read condo minutes from the past five years and gotten a pre-purchase inspection, he said.
These are small steps Conforti said could save other condo buyers a lot of headache.
“I always try to think ‘Where did I go wrong?’” she said. “That’s the hard part, coping with the fact that we bought something that’s in need of so many repairs.
1 hour reading through the minutes might have prevented her loss sadly. This is one of many tips in our articles on what to consider before buying a condo.
~CondoSensei
I feel for the owners of this building but this comment from the story is particularly important.
Owners would have known about the eventual repairs had they read condo minutes from the past five years and gotten a pre-purchase inspection, he said.
These are small steps Conforti said could save other condo buyers a lot of headache.
“I always try to think ‘Where did I go wrong?’” she said. “That’s the hard part, coping with the fact that we bought something that’s in need of so many repairs.
1 hour reading through the minutes might have prevented her loss sadly. This is one of many tips in our articles on what to consider before buying a condo.
~CondoSensei