There are several items which could be assessed to a property as a fee that has to be paid off either in installments or in full. Assessments could be such as city water and sewer assessments for utility expansion projects or even HOA or Condo assessments for repair/replacement of common gourd elements such as elevator, roof, paint etc.
As your buyer agent I will look out for your best interest and request seller disclosure for any outstanding assessments, also protect you with written contingencies regarding assessments.
If you are looking to purchase a home and don’t want to be stuck with outstanding assessments, contact me today and I will guide you through the process.
