“Payments on the special assessment are considered delinquent after 30 days and the entire unpaid balance is then due immediately, according to homeowner association rules. A lien can be placed upon the property to collect the debt and a foreclosure sale forced”.
Thank you, for the explanation. The unit is only 7 years old. There is no pool or anything like that. The grounds are very well kept. The HOA was just taken over by a new person and has created an extensive fund for property cost. The only reason I know this is because I am using an FHA loan. I was told they have to have a certain amount of funds for the FHA approval. The HOA fee is probably extremely low in comparison to most that you may see.
Thanks for all the comments, you have helped ease my wife’s and my stress levels. I know there is much more to come, but this has already been a long journey to get where we are.
Every client I have is under stress like you and your wife.
The Inspectors job is to help ease some of it as for a small fee we have not commission at stake and are paid just to do what we can to help.
Let others know to never skip using a real Inspector.
Ignore the crazy threads on the board as they do not represent the profession.
The weakest part of a brick & mortar wall is usually the mortar, so for the bricks to have cracked like that indicates there are some interesting stresses in the area, most likely some sort of torque stresses. I’d have it looked at by a professional engineer before close of escrow. I never consider cracks going through bricks to be “okay” or “normal.”
I do recall the HI saying that it should not crack through the brick like that, but then on the inspection report he made it seem like it was normal. We are getting ready to see if the HOA will pay for it and if they won’t we are going to get a SI to look at it.
Just an update for anyone who cares. I had a SI look at it and he said it was due to water build up. He said as of right now it is not a huge issue but will be if it does not get fixed. (waterproofed) I did not post the pics of the slope but he said the reason there is a water problem is because of the drains, they funnel the water into that area. He said this should be an HOA expense because it is a faulty system. Thanks to everyone that helped me out.