How to protect myself against rising association dues?
1. How to protect myself against rising association dues?
I am buying a house in a sub where the association dues are currently $400/month
h, but there is no HOA in place because the entire development went to bankruptc
y. The home owners in the sub still have to pay their dues every month and it go
es to the executor at the bank. How can I protect myself in the offer, so that w
hen a developer finally does buy the development from the bank, the association