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Thank you kaindub,
We are now looking at another property – I will call the strata manager and request to see the email records. Thank you for your advice 🙂
Hi TrulEConcerned, Thank you for offering your perspectives. I am completely new to buying a property so points you made were very helpful for me to know. I understand that I cannot dwell on everything that could potentially go wrong, but trying to equip myself with knowledge to manage risk.
Hi Jimmy, Thank you so much for your input. I read through Faraway girl’s topic, what a mess! I did not expect the man himself to make comments on my humble post, and they were much appreciated. I read your newsletter religiously and I am grateful for this great website/forum you have built. It is truly like standing on the shoulders of giants.
Thank you everyone who went out of their ways to comment on my post. We have decided to walk away from this property. Our journey of buying our first property continues, and I hope that we continue to learn along the way. I hope you all have a beautiful day. Thanks again 🙂
Hi Charlie,
Thanks for your input. Yes, the agent said this person was the builder for the building ( I didn’t have this information when I made the post). For my education, could you please share why this is not good?
I did not think to check the frequency of the strata meeting, I will do that. Thank you. The strata committee is made up of two people, the person who owns the 3 properties and another seemingly unrelated person.
I am sorry to hear about your situation. And thanks for sharing.
Thanks kaindub,
I looked at meeting minutes but the information was not sufficient to suss out what this person was like. I used the link the agent provided to obtain the strata report, via ‘Before You Bid’. Do people visit strata manager and look at the records available at their offices, or do they just read the strata report provided, which is what I did?
Hi Boronia,
Thank you for your input! 15 out of 21 is a lot. I will do some research and learn about self-managed strata.
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