Jul 12 2015, 11:34 AM
QUOTE(nookie188 @ Jul 1 2015, 09:58 PM)
ok let me try to answer for you..
first of all before you buy a condo (secondary) its good to ask around and also to see for yourself how well is the place maintained.
That will give you an idea how good is the management/committee in managing the place. go and ask the office what do they
do with defaulters ..also to find out the % of delinquent owners ..of course the lower the better..
at the end of the day if the JMB is good, half the battle is won already..they will be proactive to go after the defaulters and take all necessary action
in their power to recover the arrears at all costs..
Super good advice! A lot of us being first timers, or being too busy, we just don't spend enough time researching. I was guilt of this. Sometimes, it's because we don't trust information on the Internet as well, and lack connections to people who know the area well.first of all before you buy a condo (secondary) its good to ask around and also to see for yourself how well is the place maintained.
That will give you an idea how good is the management/committee in managing the place. go and ask the office what do they
do with defaulters ..also to find out the % of delinquent owners ..of course the lower the better..
at the end of the day if the JMB is good, half the battle is won already..they will be proactive to go after the defaulters and take all necessary action
in their power to recover the arrears at all costs..
I have been thinking a bit more about this:
1. How to get better/trustworthy information about the area/condo
2. How to get people to understand, cooperate, and be responsible for their actions since they actions will affect everyone in the area/condo
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