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FLORIDA CONDO PRE-PURCHASING CONSULTING GROUP

 

Helping Prospective Condo Buyers Avoid Purchasing Nightmares,

Financial Surprises & Buyers Remorse

 

ARE YOU CONSIDERING PURCHASING A CONDO?

What lies behind the entrance to a condominium community can be paradise or  potential hidden problems for buyers.

We are not referring to possible problems behind your front door that a condo inspection did not detect. We are referring to the many other aspects of purchasing a condo that are also very important.

You may think that everything outside your condo walls is not your responsibility, but that is not necessarily true.

If you have never bought or lived in a condo, you may be surprised at all of the different issues to consider. Buying a condo is not the same as buying a house. You will most likely have adjoining walls with your neighbors, as well as other physical elements that are different from a freestanding home. You will also have to abide by the condo association governing bylaws and rules. You will may also have to pay a special assessment for repairs to the condominium property, when the condo association does not have enough money in the RESERVES to cover the complete cost of the repairs.

Some of our clients who have already purchased their condos, were never told of a large pending special assessment before settlement and during settlement. Now these owners have incurred a large financial burden, because they did not know the many questions to ask BEFORE purchasing their condo.

 

Some of our clients purchased their condos because the property was well maintained. Now these owners are dealing with a NEW condo association board and property management company that do not adequately maintain the property, but just keep raising the condo dues.

Unfortunately the tragic collapse of the residential condominium building in Miami, Florida, referred to as the Champlain Towers South in 2021, has raised awareness for individuals that are interested in purchasing a condo in Florida. New legislation was passed in Florida (Bill 4D Regarding Structural Integrity Of Condominiums) that has brought about significant changes in how condominium associations operate. (Ensuring Building Structural Integrity, Fully Funding Reserves, Etc).

 

There Are Many Possible Risks When Purchasing A Condo; 1) Property Conditions (Visible, Hidden Building Problems) 2) Problems With Condo Association Board (Financial Stability, Excessive Spending, Transparency & Communications With Owners, Etc.  3) Property Management Company Problems 4) Any Many Others.  Identifying, addressing and getting your questions answered BEFORE YOU PURCHASE a condo, will provide a buyer with the knowledge to ensure they are making a wise investment decision.

Realtors Providing Guidance To Potential Buyers On Purchasing A Condo
 Most realtors just want to sell you a condo. They are not going to thoroughly educate you on all the various aspects of purchasing a condo that are equally important as visual appeal. Being an educated and informed condo buyer is extremely important to avoid serious headaches and financial nightmares. If you know the right questions to ask, you will feel much more secure in your condo purchasing decision.

Realtors should also be better educated on condo purchasing. It can save your buyers many thousands of dollars, plus mean the difference between happy clients who are excited to refer you, versus ones who will not.

PRE-PURCHASING CONDO CONSULTING GUIDANCE

As an independent unbiased consultant, the Condo Pre-Purchasing Consulting Group has the BUYERS best interests in mind.

Our personalized expert consultation and the comprehensive knowledge we will provide you, will help you focus on critical questions that must be answered BEFORE purchasing a condo. This can make the difference between buying the condo of your dreams, or walking into a costly real estate nightmare and having buyer’s remorse

If you currently own a condo and are having problems with your condo association board or property management company, we can provide you the guidance needed to attempt to resolve your problems, concerns or disputes.

Our goals are to provide you with deep insights into condo living, condo property management, condo association’s financial stability and uncover any future potential repairs or replacement costs, that as an owner you may be responsible for.

Our consulting services have been developed with input from Condo Association Board Members, Property Managers, Condo Association Attorneys, and guidance from the Florida Department of Business and Professional Regulation (DBPR). The DBPR oversees condo associations per the Florida Condominium 718 Statutes.

ABOUT THE CONDO PRE-PURCHASING CONSULTING GROUP

 

Mr. Jim Henderson is the President of the Condo Pre-Purchasing Consulting Group.

Mr. Henderson has lived in a condominium community in south Florida for 20 years, and has owned 2 condos in the same community. Other members of his family also have extensive experience in condo association management, serving as condo association board presidents.

Mr. Henderson has experienced the positive and negative aspects of condo living. What lies behind these beautiful gated condominium communities can be paradise or a possible nightmare for potential buyers.

Mr. Henderson has previously served on the condominium association board of directors for 5 years in his community. He served on the board to represent the owner’s best interests, not just keep the board, nor the property management company happy. He filed numerous complaints with the Florida Department of Business and Professional Regulation (DBPR). He filed these complaints because board members or the property management company we're doing things that were not quite ethical or were not in compliance with the Florida 718 Condominium Statutes / Laws, or may not have been in the best interests of owners.

 

Mr. Henderson created and oversees a Condominium Owners Oversight Group in his condo community. He serves as a spokesperson / liaison representing owners who have unresolved concerns and problems related to the condo association board and property management company.
 

Mr. Henderson has been involved in lawsuits proving the negligence of the condominium  association board of directors and the property management company.


Numerous representatives from the DBPR have stated that many individuals purchase condo's with little or no education, and stated to the Condo Pre-Purchasing Consulting Group that much more education is need, so owners are not faced with nightmares and buyers remorse.

After living in a condo community for over 20 years, Mr. Henderson can tell you the pros and the cons of condo living, and provide you with a wealth of knowledge to protect your investment.

Mr. Henderson offers his clients "Real World" expertise and provides them with more then just a pre-purchasing condo buyers checklist. He explains things is detail to better educate potential condo buyers, and to help them avoid the many condo purchasing nightmares he has been involved in or witnessed in 20 years of condo living.

 

Our training / consulting services fee is extremely affordable, compared to the large investment you might be making to purchase a condo. We provide our clients with a 4 Hour training session for only $395.00, and a comprehensive checklist of the critical questions that must be asked when purchasing a condo, and provide other additional educational resources. We can work directly with buyers, or in conjunction with your realtor or potential property management company.

The Condo Pre-Purchasing Consulting Group is comprised of other individuals that have extensive experience in condominium management. (Realtors, Property Managers, Condo Association Board Members / Attorneys, Etc.)

Are office is located about 15 minutes below West Palm Beach, Florida. We can provide our training / consulting service in person, or via web video conferencing.

 

Please contact the Condo Pre-Purchasing Consulting Group to learn more about how we can provide you expert guidance on purchasing a condo, or help you with other condo related matters. (References Provided Upon Request)  

 

CONTACT INFORMATION

Jim Henderson

561-809-6800

info@condopurchasingguidance.com

 

 

 

 

 

 

                                                         

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