Not exact matches
-- > regulations will be clarified to spell out the amount of an adequate reserve fund for each condo development, which should also help eliminate
surprise hikes in fees or
special assessments levied against each owner
Many buyers encounter problems post-contract with issues like legal title to parking stalls, or are
surprised by
special assessments levied because the minutes of the condominium board weren't reviewed prior to purchase.
Some of the most recent comprehensive
assessments of climate science, including last year's congressionally - mandated, White House - approved, Climate Science
Special Report, include scary new sections on «climate
surprises» like simultaneous droughts and hurricanes, that have wide - reaching consequences.
Many of the short sales were severely neglected, and are being sold «AS IS», back association fees (e.g. $ 10k), upcoming
special assessments or defunct associations, so it is not
surprising that the buyer may renegotiate with the bank for a lower price.