Tim The Enchanter
Elite Member
- Joined
- Jan 24, 2002
- Professional Status
- Certified Residential Appraiser
- State
- California
Saw this condo today. A 2 story building on top common garage. Van Nuys, not an expensive area.
In the courtyard there were a bunch of planters that had been boarded up.
The RE agent says due to heavy rain last winter they overflowed, made a mess.
He soft pedaled it I guess. But otherwise the place looked OK.
On the way out I stop to read a letter in the glass covered bulletin board in the lobby.
Letter from the HOA dated Feb 2014. Says something about litigation due to drainage issues and settlement problems. Said they were going to hire engineers to scope it out yadda. So, what has happened in the last 3 1/2 years?
The HOA management tells me all these requests are handled through homewisedocs.com. I had to sign up to see that it could cost several hundred dollars to get your info, but it depends on which docs you need. I thought information wanted to be free? Oops I'm outdated. Anyway, I put it back on the client and their response is the thread title. "Yes, you can make it subject to verification of the litigation."
Ohhhhhhhhhhh Kay. But I think I need better CYA language / verbiage. Maybe an EA as well. I did not see signs of settlement or drainage issues, but it has not rained since spring. I'm pretty sure some of you will have some ideas for verbiage and maybe buzzwords. So, hit me.
Photo attached for clarity / viewing pleasure. Dig that particle board landscaping,LOL. There are actually comps in the project in the ballpark of the bullseye / contract sale price fwiw.

In the courtyard there were a bunch of planters that had been boarded up.
The RE agent says due to heavy rain last winter they overflowed, made a mess.
He soft pedaled it I guess. But otherwise the place looked OK.
On the way out I stop to read a letter in the glass covered bulletin board in the lobby.
Letter from the HOA dated Feb 2014. Says something about litigation due to drainage issues and settlement problems. Said they were going to hire engineers to scope it out yadda. So, what has happened in the last 3 1/2 years?

The HOA management tells me all these requests are handled through homewisedocs.com. I had to sign up to see that it could cost several hundred dollars to get your info, but it depends on which docs you need. I thought information wanted to be free? Oops I'm outdated. Anyway, I put it back on the client and their response is the thread title. "Yes, you can make it subject to verification of the litigation."
Ohhhhhhhhhhh Kay. But I think I need better CYA language / verbiage. Maybe an EA as well. I did not see signs of settlement or drainage issues, but it has not rained since spring. I'm pretty sure some of you will have some ideas for verbiage and maybe buzzwords. So, hit me.
Photo attached for clarity / viewing pleasure. Dig that particle board landscaping,LOL. There are actually comps in the project in the ballpark of the bullseye / contract sale price fwiw.

