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Lakefront: Privately owned dam?

Contingent on a house that sits on a pond with a “voluntary” HOA of 14 total homes. The dam is needing to be replaced and the seller is putting $30K in HOA escrow to cover this homes costs. They are estimated at $20K but she’s adding a buffer.

What should I be asking here? I am concerned that they may ask for more money; that repairs take forever and it ruins the view or value of the home, etc.

submitted by /u/Dancegirl543
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1lbwuye/lakefront_privately_owned_dam/
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