It was pure luck that I had an opportunity to speak with a prospective buyer of the house next door, yes, the one painted the same color as mine.
Turns out that our secretary isn’t disclosing what she knows about our neighborhood, to potential buyers. According to the Oregon Realtors Association that’s an ethics violation. One of many. That is why our website is barron since the update and many of the association’s documents have mysteriously been deleted. That’s why we haven’t conducted a reserve study and the road replacement estimate has gone missing. See below
My Favorite
Article 2 – REALTORS® shall avoid exaggeration, misrepresentation, or concealment of pertinent facts relating to the property or the transaction. REALTORS® shall not, however, be obligated to discover latent defects in the property, to advise on matters outside the scope of their real estate license, or to disclose facts which are confidential under the scope of agency or non-agency relationships as defined by state law.
Have time for a survey?
Why are so many houses for sale? My guess is, people see the amount of ignored maintenance, a budget that hasn’t balanced in 10 years, the board using their position to attack their neighbors, unequal application of the rules to hit the top few.
The board won’t authorize a reserve study since they know the outcome will not bode favorably on their managerial skills.
DEMAND A RESERVE STUDY!
It’s the law Oregon Law
It’s the law we ignore for being old!