Expect higher condo association fees be higher in...
...complex with many foreclosures? If a condo complex has a lot of foreclosures can HOA fees be increased dramatically from what is shown in the MLS listing? I am looking to purchase a condo in Las Vegas, but worried HOA fees will increase alot after closing to make up for fees not paid on other foreclosed condos. Also concerned long term maintenance might have been differed and be hit with special costly assessments. Do I have valid concerns? How do I protect myself? What questions should I ask?
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