What is the most common problem in a Folly Beach condo purchase?

Flood insurance and windstorm coverage costs catch many Folly Beach condo buyers off guard, since these can add significantly to the real monthly cost of ownership beyond the mortgage and HOA dues advertised in a listing. Older buildings on the island can also carry deferred maintenance or upcoming special assessments that are not always obvious from a listing alone, which is why reviewing an HOA's financial reserves and meeting minutes matters before buying. Confirming current insurance quotes and HOA financial health early in the process helps avoid a late surprise before closing. Brian Beatty can help a Folly Beach buyer pull that information early.