If you are looking for a condos for sale after the Hurricane, there are a number of questions that you need to ask the association, and maybe your Realtor. In the event the condos that you are looking at were damaged by a recent Hurricane, you may be in a position to ask for a price reduction, and if you are a seller of a condo that was damaged, you may want to ask the association about the insurance for the exterior of the Condo, and call your Insurance Agent about any damages caused to the interior of your condo. The Insursnce Companies involved will work out who pays for the damages. Hopefully you have contents coverage for the interior of your condo.
If you have damages to the interior of your condo, and the condo is for sale, you may want to consider repairing the damages prior to offering the condos to any buyers, just so that the buyers do not want extreme discounts from you. Depending what the actual damages are, you may have to obtain permits for the repairs. If permits are needed, make sure that you document the repairs for any insurance claims that you are making.
In the event that there are repairs needed to the exterior of your condo, this is a little bit more complicated, because the exterior of your condo is generally considered to be common elements, and the insurance company for the condominium association will have the insurance to cover these repairs. The best thing to do is contact your association, and confirm the status of any repairs. Most buyers will want to know the status of any needed repairs, and more importantly, buyers will want to know if there is adequate insurance to cover the repairs, or will there be a special assessment to make the repairs. The best thing that you can do as a seller is to confirm the status of repairs and insurance prior to any contract being signed.
If you are a buyer, and you know that there are substantial repairs needed to the interior of the condo, it maky be a good idea to have youir inspection company look at the condo, and confirm what repairs are needed. These repairs can either be repaired prior to closing, or funds escrowed to make the repairs subsequent to the closing.
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