M.L. from Connecticut writes: Dear Mister Condo, When I purchased my condo, it was HUD owned. It was purchased for a very good price. Soon after my purchase, the HUD contract expired and the committee decided to go co-op. Our common fees are between $600 and $800 per month depending on whether you have a…
Month: November 2012
Effects of Multiple Assessments on Condo Mortgage
E.B. from Litchfield County, Connecticut writes: Dear Mister Condo, I am trying to sell my condo in a complex that just recently had a second assessment levied. I have been told that a potential buyer would now be unable to purchase my unit with a conventional mortgage. Is our complex now ineligible for a conventional,…
Condo Communications – Best To Put A Stamp On It!
V.C. from New London County, Connecticut writes: Dear Mister Condo, Is there a law that states that communications/letters must be mailed to unit owners if requested? I generally hand deliver to each unit as we all live within a few hundred yards of each other. One unit owner refuses to give her e-mail or phone…
Sounds Like Upstairs Neighbors are Dancing on the Condo Ceiling
S.W. from Hartford County, Connecticut writes: Dear Mister Condo, I am having some noise issues with unit owners who live above me. This has been ongoing for almost one year. The problem is a complex one due to the fact that the noise is being made by a 2 year old child running and jumping…