[quote=spdrun]I find it hard to believe that people would buy a condo (unless it’s under $25k or something) without doing due diligence on the financials, pending lawsuits, etc. But if it does happen, that’s cool, just not my thing.[/quote]
Just ask folks that bought a condo convert if they thought about the potential HOA underfunding…. What? Folks really think that there wouldn’t be a problem there?
Pending lawsuits are interesting. Because if you have a loan contigency, most likely it would be flagged then.
To be fair….There are people on this board that would swear that condos or any attached community is a horrible “investment” as a blanket statement too, for your aforementioned reasons….
Piggies on this board, as we are so called, like to think we’re smarter then the average people…Well, with the exception of maybe me…I like to be pretend I’m dumber than most people. Because then I surprise myself and surprise everyone else when I exceed expectations, and then I can feel good about myself.
