Buyer Traps to Watch For

Inside This Report

Hidden costs, HOA surprises, SB 4-D compliance, Chinese drywall — what to watch for in South Florida transactions.

• HOA surprises: reserve studies, special assessments, changing rules
• SB 4-D condo compliance: structural testing, repair obligations, costs
• Chinese drywall: corrosion risk, repair costs, and identification
• Oceanfront and flood-prone properties: disclosure and insurance issues
• Permit problems: unpermitted additions and work affecting financing
• Title surprises: liens, easements, and clouded title affecting resale