I live in an area where there is an association and when the homes were being built, during the early 90’s, they were taken over by 3 different builders. There were also some problems and an eventual lawsuit where we had to sue the 3 different builders. There was a small one time settlement eventually, but I would have to say, the biggest winners were the lawyers. I know this is no surprise to any of you. I would be very wary of any situation where there are known on going problems with anything in the structure or even the grounds. Naturally, when we moved in no one was aware of any problems. After a 20 year flood, some of the problems became evident. Another issue that was misrepresented to us as buyers was that when the entire development was built out, then the association fee would be under $150. a month. It never has been and it has been increased a couple of time. I would recommend that everything be in writing and witnessed.
