270
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 14 Oct 2024
270 points (97.2% liked)
News
23669 readers
3371 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
Condos are a happy in-between, where the COA handles anything outside of your studs, including the roof and landscaping. My condo even has free water and the pipes and tank are maintained by the COA. Free heat too. All I need to worry about is the electrical.
That's no different than paying for home maintenance as you're just paying monthly into a pool of money to be used for repairs which is then handled by the condo board. This can also have drawbacks as that money can be mismanaged or wildly underfunded.
In Miami, they've passed a law saying all condo buildings need a structural inspections and repairs after a building collapsed recently. Many of these condo owners are getting massive 5 or 6 figure bills when structural damage is discovered. This is a really bad spot to be in since you likely can't sell the condo if the new buyer discovers that they'll need to fork over $100k on top of the purchase price and if you don't have the money you can be foreclosed on by the COA.
That's a very valid point. It's crucial to do due diligence before buying into a condo, especially in an older building.
Yeah, but don’t kid yourself thinking that shit is free.