I went and saw that listing, and talked to one of the neighbors. She said there is indeed litigation ongoing and believed it was related to pool repair, since that amenity hasn’t been open for a while.
She cautioned that any property purchase should include dilgence with property management regarding other potential lawsuits in motion and when they expect to be resolved…
My question is, can you not negotiate to lock in your HOA rate as an owner who bought after the litigation began? Why should a new owner be held accountable in a lawsuit that originated before you even got there?
She also mentioned ‘mold’ as one reason why the listing wasn’t selling, but didn’t go into too much more detail…
