If you're buying without title insurance and getting a quit claim, all bets are off.Yes, you will owe dues from the day you purchase, regardless or when, or if, it ever reopens.Since the HOA is insolvent, its highly likely that if it ever gets solvent, you will be facing a very large assessment to pay for the deferred maintenance and any outstanding bills.

Your property taxes sound about right for Seminole County, as long as they assess it a little bit below your purchase price of 30K, as they normally do.

Otherwise, you'll need assessments from some second hand appliance dealer who might have his hand out for his opinion of value.Anyway, I include personal property in the contract.

Both require medical assessments.

Ask your attorney about filing a lien against the property for the repairs made, if they were to be a consideration of any kind for the ability to lease the property, let your attorney assess the matter.

The fees will be raised many times, but what kills you are the "special assessments".

If the taxes are 1% of the assessed value and they have to pay the interest and fees it would still probably not be any more than 2 or 3% of the assessed value so it is in many owners interest to pay the lien to keep their property.

But the approach to assessing what is rent and what is credited should follow what rights and equities are conveyed.

Your assessment is basically correct.

Sounds like a special assessment.