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Are CONDOS Boomer flame? Heard they can sometimes be nightmare for owner

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Red swollen internal respiration
  04/22/18
HOA fees make them completely toxic
bateful twinkling uncleanness lodge
  04/22/18
examples?
Red swollen internal respiration
  04/22/18
If the HOA decides the building needs a new roof, you have t...
cheese-eating lilac university windowlicker
  04/22/18
$1/sqft per month
bateful twinkling uncleanness lodge
  04/22/18
A modern one with low HOA isn’t a bad option. Better than b...
Slimy Provocative School
  04/22/18
Low HOA seems like internet myth.
bateful twinkling uncleanness lodge
  04/22/18
HOA in a modern building generally reflects the true costs o...
Slimy Provocative School
  04/22/18
A homeowner at Veer Towers, for example, would pay $498 per ...
bateful twinkling uncleanness lodge
  04/22/18
condos/townhomes outside of a city are complete and utter fl...
Henna incel
  04/22/18
There's the whole being forced to sell thing that comes up e...
Brass hot principal's office generalized bond
  04/22/18
never heard of this actually
Red swollen internal respiration
  04/22/18
https://independentamericancommunities.com/2017/06/01/condo-...
Brass hot principal's office generalized bond
  04/22/18
This only happens in horribly shitty buildings
Slimy Provocative School
  04/22/18
There's still things like special assessments and whatnot. ...
Brass hot principal's office generalized bond
  04/22/18
They always say housing is the whip and land is the tail - I...
Territorial travel guidebook
  04/22/18


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Reply Favorite

Date: April 22nd, 2018 8:16 AM
Author: Red swollen internal respiration



(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893032)



Reply Favorite

Date: April 22nd, 2018 8:18 AM
Author: bateful twinkling uncleanness lodge

HOA fees make them completely toxic

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893036)



Reply Favorite

Date: April 22nd, 2018 8:31 AM
Author: Red swollen internal respiration

examples?

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893052)



Reply Favorite

Date: April 22nd, 2018 8:45 AM
Author: cheese-eating lilac university windowlicker

If the HOA decides the building needs a new roof, you have to pony up in cash.

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893073)



Reply Favorite

Date: April 22nd, 2018 9:00 AM
Author: bateful twinkling uncleanness lodge

$1/sqft per month

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893097)



Reply Favorite

Date: April 22nd, 2018 8:19 AM
Author: Slimy Provocative School

A modern one with low HOA isn’t a bad option. Better than being responsible for every last issue with a house.

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893040)



Reply Favorite

Date: April 22nd, 2018 8:19 AM
Author: bateful twinkling uncleanness lodge

Low HOA seems like internet myth.

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893041)



Reply Favorite

Date: April 22nd, 2018 8:50 AM
Author: Slimy Provocative School

HOA in a modern building generally reflects the true costs of operation- trash removal, electric, doorman and pool if those exist. It’s when you are dealing with a 1982 built condo with $800 HOA for a 1br that it’s unclear where that cash is going.

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893081)



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Date: April 22nd, 2018 9:11 AM
Author: bateful twinkling uncleanness lodge

A homeowner at Veer Towers, for example, would pay $498 per month in HOA dues on a 500-square-foot studio, in exchange for the use of a rooftop infinity pool, free valet parking, a full-time concierge and a gym and media room.

https://www.reviewjournal.com/homes/resale-news/dont-forget-hoa-fees-when-budgeting-for-a-high-rise/

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893120)



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Date: April 22nd, 2018 8:30 AM
Author: Henna incel

condos/townhomes outside of a city are complete and utter flame.

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893050)



Reply Favorite

Date: April 22nd, 2018 8:35 AM
Author: Brass hot principal's office generalized bond

There's the whole being forced to sell thing that comes up every now and then.

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893058)



Reply Favorite

Date: April 22nd, 2018 8:36 AM
Author: Red swollen internal respiration

never heard of this actually

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893060)



Reply Favorite

Date: April 22nd, 2018 8:38 AM
Author: Brass hot principal's office generalized bond

https://independentamericancommunities.com/2017/06/01/condo-owners-forced-to-sell-in-a-deconversion-like-it-or-not/comment-page-1/

Although the real estate market has improved in some parts of the country, condo sales in some markets have lagged behind. In Chicago, news outlets are reporting the hottest new trend, condo deconversions – the bulk sale of condo units by their individual owners to a real estate investor who intends to either convert the units to rental apartments or demolish the building and develop the new site from the ground up.

Investors have taken advantage of distressed condominium projects, acquired units at low prices in foreclosures or short sales, and then, by vitrue of holding a majority or supermajority of voting interests, have taken over their condo boards. The next step was to initiate a condominium termination agreement, and, because the investor held a controlling voting interest in the association, minority owners have usually been unable to block a termination attempt. If the investor’s first attempt was not successful, the second attempt often was.

Unfortunately, many unit owners were under water on their mortgages, and were only offered a fraction of what they had paid for their condos during the boom years when prices were high. They were nonetheless forced to sell their units, despite considerable financial loss.

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893065)



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Date: April 22nd, 2018 8:48 AM
Author: Slimy Provocative School

This only happens in horribly shitty buildings

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893076)



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Date: April 22nd, 2018 8:53 AM
Author: Brass hot principal's office generalized bond

There's still things like special assessments and whatnot. Just those various things to remind you that you don't have full control over this property you "own."

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893088)



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Date: April 22nd, 2018 9:30 AM
Author: Territorial travel guidebook

They always say housing is the whip and land is the tail - I think that Condos are closer to the tail - this is to say that these assets are volitlie and come with different attributes than a house

(http://www.autoadmit.com/thread.php?thread_id=3956386&forum_id=2#35893145)