New Buyer Info


Questions to ask when viewing units for sale:
 
  1. How large is the Mutual?
  2. What is the Reserve funding level for this Mutual?
  3. What is the monthly carrying charge for this Mutual?
  4. Has this Mutual every imposed a special assessment? If yes, why?
  5. Is the Mutual planning any major projects such as roofing, repiping, painting, etc.? When were the projects completed?
  6. What permits do I need to change anything inside my unit?
  7. Does this Mutual allow patios and patio covers?
  8. Does the Mutual allow lower carport cabinets?
  9. Does the Mutual allow carport rental?
  10. Does the Mutual have fines for failure to abide by policies?
  11. Does the Mutual have parking fines?
  12. Does the Mutual allow growing fruits and vegetables?
  13. Does the Mutual allow satellite dish installation?
  14. Does the Mutual allow Jacuzzi tubs?
  15. How much does the Mutual charge for laundry?
  16. How many guest passes does the Mutual allow per apartment?
  17. How many vehicles does the Mutual allow per unit?
  18. What kind of homeowner’s insurance should I carry? What limits?
  19. Does the Mutual allow smoking?
Click here for a printable list.

Monthly fees
Mutual Mutual Fee # of Units
1 451.96 844
2 509.63 864
3 524.27 432
4 473.25 396
5 489.72 492
6 528.22 408
7 492.62 384
8 489.72 348
9 506.11 384
10 493.00 276
11 520.02 312
12 490.83 452
14 443.03 328
15 516.24 502
16 522.29 60
17 541.56 126