Updated almost 8 years ago on . Most recent reply
Buying a condo in a flooded complex
I found a condo with generous amount of equity in it in Houston. This condo and the rest of the condos in the complex was flooded during Harvey.Most of the units are still unoccupied 8 months after Harvey and the complex appears deserted during my visit.The numbers look really good but my concern is that after fixing up the unit will anyone be willing to buy or live in this environment.Recovery seem too slow.Does anyone has a general idea of recovery times of sections affected by disasters such as flood.Not sure of how to proceed with this one.