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Updated over 3 years ago on . Most recent reply

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Sue Duvall
  • Archer, FL
0
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8
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HOA responsible for repair of 2nd floor balcony concrete cracks?

Sue Duvall
  • Archer, FL
Posted

Buyer interested in condo in very nice, well known housing village - except for cracks in concrete. About 4 long cracks with significant crack entirely around outside post/whole corner of balcony? HOA fees are just over $300 monthly. HOA contract says owners responsible for interior and association for exterior. Haven't heard back from HOA and seller already moved out of state. She and Listing agent have been made aware but no feedback. No inspections have been made. Realize could offer credit to fix or lower bid - just wondering if I'm thinking right? I'm a new agent with virtual company, so no close mentor. Thank you for any advice!

Most Popular Reply

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Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
3,856
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2,465
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Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
Replied

Concrete cracks.  Just does. So are the cracks superficial or something structural?  The listing agent isn't responding. The seller is anxious to move.  One word:  Surfside.  If that condo collapse did not tell everyone on the face of the planet that inspections are critical and HOAs don't always do the right thing at the right time, then just go home.

Your buyer isn't under contract so you have nothing. You're not entitled to the HOA documents or it's financials...those are required at the time of contract. The fact that there is no response is a response. Quit allowing yourself to be held hostage and your buyer disrespected, and move on. Go find another property that is in good condition and has a listing agent who isn't afraid to be forthcoming.

Those with nothing to hide, hide nothing.

BOLT.

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