Dear Monty: I found a condo near my office, but my agent quickly let me know that the outside of the complex has structural damage and that a special assessment would come. It is also in poor condition inside. There are signs of water penetration and mold everywhere. Nothing works; there is junk around and a horrible smell. That may be why it has been on the market for months. My father worked in the construction industry and can do a complete remodel. He says fire, but I think the damage is from being in some hoarder environment—or someone passed away but wasn’t discovered for some time. It is only $200k, which is very reasonable. We are still determining how to evaluate the situation. Any thoughts will be appreciated….
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