Foreclosure in 33141>Question Details

Roger, Home Buyer in 33116

Some owners including me are to believe that our building is not going to survive.

Asked by Roger, 33116 Tue Mar 24, 2009

65 unsold units, over 70 foreclosures and many many shortsale listings. That's about 60 % of the building.
Some owners, about 20 people, have been paying up to now because we put 40-50 % downpayment back
in 2004. We know now that we lost it.
What happens if our building won't survive? It's about 100000 dollars short in HOA alone.

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Answers

3
This question was posted in 2009.
Those were uncertain times.
Now it is 2014.
Roger may still be living in his building.
1 vote Thank Flag Link Tue Mar 18, 2014
Roger;

The building will survive. It may seem unlikely when you wrote the query - but buildings do survive. Look around and you will see many structures that have survived the perils of natural disaster; hurricanes, flooding and even human misappropriation and blatant mismanagement.

You will see - believe me.
0 votes Thank Flag Link Tue Mar 18, 2014
Roger,

Which building was this? Do you still own the unit?
0 votes Thank Flag Link Fri Aug 9, 2013
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