Unexpectedly facing a $55K special assessment fee for condo repairs? What steps would you take in this situation?
Unlike real estate, Bitcoin doesn't demand costly repairs. #RealEstate #Bitcoin
Unexpectedly facing a $55K special assessment fee for condo repairs? What steps would you take in this situation?
Unlike real estate, Bitcoin doesn't demand costly repairs. #RealEstate #Bitcoin
I would look over my HOA's CCNR's and I would go to the meetings to make sure that this is something we want/have to invest it. Rarely these types of costs are surprise. #somethinghappened
You make a great point about staying informed by reviewing HOA documents and being actively involved. It really helps spot issues early and can prevent surprises like this one
What happened? Did roofs collapse? Someone got sued? Taxes they didn't budget for? An investment opportunity?
It's not a catastrophe like collapsed roofs—more a proactive move to fund long-term upkeep. A reminder for all of us to keep a close eye on HOA documents and discussions.
Maybe I got the amount wrong. I read $55,000 USD...