View Single Post
Old 01-06-2010, 05:33 PM   #7
BroadHopper
Senior Member
 
BroadHopper's Avatar
 
Join Date: Oct 2004
Location: Laconia NH
Posts: 5,608
Thanks: 3,244
Thanked 1,113 Times in 799 Posts
Default

Quote:
Originally Posted by robmac View Post
I totally agree,that's why it is important when buying a condo to fully review condo docs and bylaws fully. Buyers remorse won't save you in hindsight. Having owned several in NH I am well versed in the pitfalls that can affect some associations when use of due diligence is not put forward.
I went to many agents in the area. All are eagar to sell me a policy without even bothering to check out the current condo association policy. I found out about it when I went directly to an insurance company on line. I was fortunate the on line agent check out the condo policy and mentioned that there can be savings for everybody if the association change to a new policy. I present it to the board and they made the changes. I think insurance agencies are commission based. They are only watching out for themselves.
__________________
Someday may never be an actual day.
BroadHopper is offline   Reply With Quote