Lisa,

The first thing to keep in mind is that the market determines the value of a property. If the unit has an assesment coming up then you need to add that into the calculation . What you need to find out is what has sold similar to this unit in the past 3 months and if the assesments were taken care out of settlement to arrive at your units value. Once you have that ,do the math and see where you stand if you have to pay the assesment. It may be a requirement of the settlement that the seller pays in order to convey clear title. Once a settlement is scheduled the title companty will call the condo association and ask if there are back condo fees due or if there are any pending assesments. They have to get a letter from the association to allow the settlement to take place, so if there is something assesed it may need to be paid by seller.

It sounds like you are looking at unit in Diamond Beach. You should have someone dig deeper to make sure that you have the correct info on the assesment.

If I can be of any help, just let me know


Edward ( Augie ) Augsberger

Weichert Realtors REO / Short Sales Division

609-338-1189 cell

609-523-1112 office

I agree with Larry, but I would also say it depends on the asking price and the seller's motivation. Good Luck!

Laura Giannotta
Keller Williams Realty - Atlantic Shore

I always believe asking has no harm. But it is how you ask. Do it in a way not to insult their integrity, beliefs, feelings. If you hit their logic and emotions at the same time, logic will be the inevitable, emotions will influence. Have a plan for your offer also.

Having the experience and tact to negotiate is important.

Are you presenting the offer yourself or using an agent.

If yourself use what I told you here and make it the sound unyielding

If using an agent you must be trusting in their ability to present the offer in a manner to get the deal done for you.


Good Luck!

If I can help?

Call Me / Text Me/ Email Me ... 7 Days

Larry Sarlo
Weichert Realtors
609-868-1171
lsarlo@comcast.net http://www.NJHomeHunter.com