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Updated over 16 years ago on . Most recent reply

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Casey Cu
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15
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HOA issues

Casey Cu
Posted

Looking at condos listed at 80k - 90K in Colorado. All Zillowed at just over 200k. Currently one has rentor for 1200..
Everyone is scared off by short term increase in HOA fees (they raised HOA from 270 to 550)
When I talk to HOA president and look at minutes what do i need to ask???

I assume to verify they are not fixing big issue (mold or foundation problems) but actually doing capital improvements (new roof/ boiler upgrades) as stated by realtor.

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