04Before you signAn engineer’s checklist
A beautiful view does not pay a special assessment. Read the building first.
Before you fall for a view, ask for these four documents. I read them with you, line by line, and tell you what I see.
The reserve study
What the roof, structure and systems will need, and how much has been saved.
The milestone inspection
Whether it is done, what it found, and whether repairs are finished.
The budget
Where the monthly fee goes, and how much goes into reserves.
The insurance
What the master policy covers, its deductible, and how it changed.
—The numbersLove, Data, and the Market
Every Wednesday I publish four numbers for one neighborhood, dated and sourced from RPR. The latest issue lives on the market report page.
06Write backI read every message