Posted by eric on May 11, 2000 at 12:34:45:
quick and dirty, main problem is usually the HOA. Ask to see minutes of meetings for the last 2 years, and budget reports/financials. Often HOA’s are run by only a few residents, who look after their own self interests first and thus the HOA becomes corrupt. also check bylaws; most can raise fees to egregious heights, with a ridiculously low quorum.