Is it a bad idea to buy a 40-year-old condo?

Answer AnswerThe best way to answer that question is to ask yourself, "Is this condo in good condition?"If the condo is in good shape, then you should consider it. Ask a realtor in your area to talk to yo... Read More »

Top Q&A For: Is it a bad idea to buy a 40-year-old condo

Is there a law regarding condo fees I live in a four-unit condo One of the members has not paid his condo fee for 7 months?

Yes, and the law is a local state law, plus the governing documents under which the association operates the property. Read your governing documents and follow the guidelines there to collect the p... Read More »

You are on your Aunts title to her condo. She passed away last year-no assets. Mtg. has not been paid in over a year. Do I have any responsibility for the mortgage since I'm only on the title?

Your name on the title implies that you own the condominium. Unless during the probate of her estate, there was a different disposition of the property, you own it. Not only are you responsible for... Read More »

Are Condo liens only good for 1 year?

Take your lien and your governing documents to an attorney and get an opinion. There are critical details included in both that preclude getting the answer you need from this site. You are not fo... Read More »

Would it be a good idea to get a 12 year old an iPhone 4S?