HOAs post coop mortgage being paid off

This apt suffers from meaningfully poor staging. This is why housewife-y type skills are actually quite valuable.

@Mina - I would be wary because I don't think you can know for sure. This is the due diligence I recommend before signing a contract: (1) Look at the building's actual underlyng mortgage on ACRIS to find out interest rate and repayment terms. (2) Figure out what percentage of maintenance on this particular apartment is due to mortgage payments (need share allocation for this apartment as well as number of outstanding shares). (3) Ask whether there is any guaranty that the underlying mortgage will actually be paid off in 2021 because I would be concerned that whoever is on the board in 2021 might decide to "refinance" in a way that could end up raising maintenance. I just don't see how anyone can make the representation that an underlying mortgage will actually be paid off in the future if the governing docs give the board the ability to borrow and mortgage the building (but do check that, because there is a small chance that the mortgage never should have been taken out in the first place; it would be rare for governing docs to not allow the board to borrow against the building, but not impossible). Good luck.

maybe 1000 lower