Not a lawyer and could be wrong, but I think you may want to research a bit as I believe in Florida HOAs are allowed to demand tenant pay rent directly to them until assessments are up-to-date (not sure how that would work being it's a payment in advance to begin with so technically not late, I would think), or they can actually demand eviction.

The condo owners are more interested in keeping assessments low to the detriment of how the community looks.

And, do you know what the assessment on this property is?

They shouldn't be used to assess damages.

Also, You'd hate to get in when they're about to ask for a huge special assessment.

Here are the details:Asking price=62,000ARV=~85,000Tax assessment value=88,000Taxes=2,056 (last year)Repairs=10,000The negotiations have come to a halt at 50,000.

. $68k (county assessment), and approx $75k (comp. market value).

Are special assessments prohibited too?

One of those 2 partners did just that: got a call off one of his first 500 letters, closed with a 34k gross spread 60 days later....but he had lots and lots of help, and enough money to start a marketing campaign.I tend to agree with James Vermillion on his assessment of the company offering a refund.

But, my assessment above presumes that all deals are essentially the same, and any of them could be cash or could be financed, so this situation doesn't apply.Again, everyone will be in a different situation, but for me, I prefer to use about 70% of my cash before I consider financing, saving the 30% in case any cash-only deals come along...