Talk of The Villages Florida - View Single Post - Cancelled homeowners insurance
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Old 12-28-2022, 04:48 PM
Badger 2006 Badger 2006 is offline
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Quote:
Originally Posted by joelfmi View Post
speech is silver, slience is golden, alot of communities do not have exterior maintenance covered by the community were they repair your roof or replace it after a period or a number of years it is figured into the common charges you pay monthly for this. It seems this community does not have this, so you have to pay with or without insurance. Next time when you buy into a community ask this Question. That is WHY due diligence is very important before you buy into any community.
So built into your maintenance fees is a number ($$) to replace roofs in your community. You live three for 10 years, then move. Do you loose that roof contribution or does the buyer somehow pay the seller, or association? Please explain how this works.