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pixel_of_moral_decay t1_irlsb2a wrote

Reply to comment by HappyArtichoke7729 in 4 Beacon way for investment. by MuskIsKing

Below is a 100% no-go. A half decent real estate agent won't even show it to you without having a talk.

That just means they're deferring maintenance and savings. Normally that's because multiple board members are hoping to flip their unit in the next few years and want to keep things low to maximize their sale price. Next owners will be stuck with insane assessments to fix the neglect.

Some banks even want to know about assessments in past 5 years when you apply for a mortgage.

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HappyArtichoke7729 t1_irnldnl wrote

No, it just means that some folks want a normal place and not a LUXURY place with amenities designed solely to increase the price for the developers.

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