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Property Q&A in Parker Lane : Real Estate Advice

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Charles Runn…, Real Estate Pro in Austin, TX
Wed Aug 1, 2012
Charles Runnels answered:
Your biggest concern needs to be whether this condo is warrantable or not. If it's not warrantable, it could be the worst investment of your life. Warrantability deals with Renter/Home Owner ratios, Amount of money in the Reserve account, (to prevent any unforeseen Special Assessments), and pending law suits. If you don't know that it's warrantable, then it doesn't matter if the HOA fee is $1 or $1000. ... more
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