Landlord offered to sell my apartment to me - questions!

Post date: 2021-05-08 08:28:55

I have been in my apartment for 5 years. My landlord is interested in selling and has offered me the opportunity to buy it. I have not made an offer yet, or indicated that I am interested - just running my numbers right now.

Here are the questions I plan to ask him:

What is your asking price?
What are the current monthly common charges?
Are there any current balances on the assessment(s)? (there were two major assessments within the past 10 years. I know this because my mother owns a unit here)
Would this be a private sale (FSBO) or will brokers be involved?

Having lived here for a while, I am aware of the condition of the unit as well as the appliances, furnace, etc.

I have no plans to go anywhere and would honestly prefer not to have to move at this point in my life. Are there any issues/questions that I am missing?

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