Recent comments in /f/boston

SirDaedra t1_jdy50h0 wrote

Yeah, f that guy. He is trying to pull a fast one. It depends upon how far you want to take it, but you could just refuse to pay and have him sue you, at least that leaves the decision about whether it’s owed up to the judge. He would also have to explain how he arrived at that exorbitant fee. That’s my initial inclination, but it depends upon how you and the other HOA members feel. At the amount of money we’re talking about here, it could be worthwhile for you and the other owners to split an initial attorney consultation.

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reaper527 t1_jdy3nkg wrote

> The programs are a joke, in my town the figures needed to qualify for the program are basically poverty wages and they also check your bank accounts. Oh you make above the threshold and have ok not great savings which means you don’t qualify at all, good luck to the middle class in this state.

and now with high interest rates, it's even worse.

like, one of the ones i was looking into last year the income threshold was like 98k, and the savings cap was like 75k (which again, includes any funds being used towards a down payment) plus the usual debt-to-income limit of 50%.

with interest rates where they are, exactly what house in massachusetts is anyone going to be able to buy with a < $98k/year income and a down payment < $75k? (and that's assuming they put literally EVERY dollar they have into their down payment,not even keeping cash on hand for daily expenses/routine bills)

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LonelyAccountantCPA t1_jdy2aq1 wrote

The programs are a joke, in my town the figures needed to qualify for the program are basically poverty wages and they also check your bank accounts. Oh you make above the threshold and have ok not great savings which means you don’t qualify at all, good luck to the middle class in this state.

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boldbrunette39 t1_jdy27sf wrote

It’s pretty rough in the sense that there are homeless addicts, but people usually don’t bother you unless you bother them. I walked those streets to the T at night alone as a female student for years and never had an issue. I did carry pepper spray on me, but never had to use it. Just be smart and aware of your surroundings. There is also no parking on Winter Street, not even street parking, so I assume you would be parking on Tremont or elsewhere. Just FYI

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therealcmj t1_jdxytxo wrote

Normally the developer runs the HOA until they sell the last unit. An election before they sell at least half the units would be pointless - they own the majority beneficial interest. But usually they hold control until the last unit sells in case they need to do something like fix an error in the condo docs.

Now that he is no longer a majority owner the other owners can and should call for an election and oust him. And they can self manage or put the contract out to bid and hire a management company.

OP: read your condo docs. They’re usually quite readable. If you arent sure about anything you can check with your closing attorney about what you can or should do - you paid them to review all this before closing.

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Straight_Ad_921 t1_jdxxtxp wrote

Are you tied to Boston? You could go to Maine (or one of the coastal towns) and make major $$$$ with low-cost housing usually available. Also recommend stopping into restaurants during the mid-afternoon, between shifts. Lots of opportunities! Good luck - a fellow Texan

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