Your questions
We wrote each one for you. Copy it, send it, then paste the reply back here and we'll tell you if it actually answered your question.
This is an example, not your report.
Your own questions appear here as soon as your review is finished.
Ask your real estate agent1 question
Assessments
“Can you confirm in writing how much of this $31,840 charge is still unpaid, and who pays the rest at closing?”
🟢 The answer you're hoping for: The seller will pay the whole remaining balance before or at closing.
Ask the condo association or property manager4 questions
Financial & Reserves
“How much money does the association have saved for future repairs right now, and is that the full amount the study says you should have?”
🟢 The answer you're hoping for: They send you a written balance, and it matches what the study says they should have saved.
Financial & Reserves
“What is the monthly fee for Unit 804 today, and is another increase being discussed for next year?”
🟢 The answer you're hoping for: $1,185 is current and no other increase is being talked about.
Financial & Reserves
“Has the roof work been approved, and if so, how is it being paid for?”
🟢 The answer you're hoping for: It's paid for out of money the building already has, with no extra bill to owners.
Financial & Reserves
“Which savings figure is correct as of today, and can you send it to me in writing?”
🟢 The answer you're hoping for: They send one current number and it matches the budget.
Ask your mortgage lender1 question
Financing
“Given this building's savings, the special assessment on the unit, and the 5% storm deductible, does this building meet your loan requirements?”
🟢 The answer you're hoping for: The building passes as-is.
Ask an insurance agent1 question
Insurance
“The building pays the first 5% of storm damage itself. What coverage should I buy on my own policy to protect me if they bill owners for it?”
🟢 The answer you're hoping for: There's affordable coverage on your own policy for a bill like that.
Consider asking a real estate lawyer1 question
Building Documents
“Can you read the renting rules for this building and tell me exactly what I could and couldn't do as a new owner?”
🟢 The answer you're hoping for: The rule is clear and you're fine with it.
Ask an engineer or building inspector1 question
Building Documents
“If the association sends me the building's safety inspection report, can you read it and tell me in plain English what it says?”
🟢 The answer you're hoping for: The report arrives in time and an inspector can walk you through it.