Same thing with a foreclosure auction purchase, here we get a Certificate of Title which has no warranties whatsoever.

Besides telling them the truth separates me from all the other slime balls that lie through their teeth to get the property under contract (not saying thats you of course).

There was no substance whatsoever.

I cut my teeth on that one.Anyway, jump in the forums and ask whatever you like.

The risks of getting caught have gone way up in my opinion and now there are teeth in laws to apply to those who fail to act prudently.

Regulators need a consistent basis to apply oversight, not wishy-washy or no enforcement and then a crack down.Leave it to politicians to screw things up.The other point of this is to take the teeth out of the regulators, while your initial gut reaction is yahoo, not so fast, most of the subject Acts open financing back up to common sense type lending, increasing qualifying ratios, which means after all the whiners are done crying about compliance means a greater availability to loans, not the contrary as claimed.

Single family homes are a great place to start and 'cut your teeth'.

It is a box of a building, with no thought whatsoever put into the architecture, no windows, and you walk into one huge room of slot machines.

I did not care whatsoever, I was fed up with making this huge mistake...

Greg is correct; without casualty insurance held by the condo association, there is no protection for the building whatsoever in the event of fire, wind damage, or the myriad other things that can damage a building.