condo buyers: 5 Red Flags an HOA is in Trouble - 03/09/20 08:53 AM
An HOA or homeowners association also referred to as a condo association if the property is in a condo or townhouse complex, is a set of rules, board members, or resident-run management that determines general rules and regulations for all homeowners and tenants. Before buying a condo or townhouse you should have a few questions about the HOA to determine the health of the Association, bank accounts, delinquency rates, and whether it's a healthy Association overall. But, there are some major red flags to be aware of when looking for and buying a condominium.
 
Here are five red flags and HOA is in trouble.
 
#1. They have no reserve funds.
The Association should have some reserve funds … (1 comments)

 
Donald Payne, What's your Vision.. (Vision Realty)

Donald Payne

What's your Vision..

Columbus, OH

More about me…

Vision Realty

Address: 4608 N High Street, Columbus, OH, 43214

Office: (614) 447-3175

Mobile: (614) 323-4348

Donald Payne, Founder of Vision Realty, has been the REALTOR® of choice for buyers and sellers since 1979. Donald specializes in helping first-time homebuyers, new families, single families and more in Columbus real estate.



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