What will doom your condo unit’s resale value
Before purchasing a new condo unit, conduct a physical inspection of the neighborhood you plan to move to. Find out if there are railroad tracks nearby, busy roadways, or major power lines. Noise and ground tremors may interfere with the peaceful enjoyment of your unit in the future. Power lines may present potential health hazards. Problems like these make a condo unit much harder to resell. Read the article………….
Savvy co-op and condo boards are perpetually on the lookout for ways to raise revenue so they can meet rising
Condominium associations are largely governed by volunteer directors that receive little training with respect to their fiduciary duties and potential
The risks confronting condo associations are generally well-known. Although there are always variations on old themes, the risk fundamentals don’t