For the longest time, the general consensus was that condo communities in Florida with a high senior population was a cheap place to live due to low maintenance fees etc.
Does that translate to property's been neglected for 25 years + deferred maintenance ???
So those condos are pretty much a ticking time bomb where the new buyer will be saddled with huge increases in HOA when something major needs to be repaired??
Im new to condo shopping. And i just want to make sure im understanding things correctly.
Insights?
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source https://www.reddit.com/r/RealEstate/comments/187emkz/question_about_florida_condos/
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