after owning my unit for around a year some serious concrete cancer has now become visible from under the render (which was hidden when i purchase my unit). Looking into the very costly ways of repairing this, as its the main beam holding up our unit Is there anyway insurance would cover this, or is this one going to be all out of my pocket. I have been told to expect $10,000, to $40,000 for a full repair. im worried because im on the second story, if my unit falls down, i dont even have any land i can rebuild on. the body corperate is innactive, so there is no help there. I am really starting to loose sleep about it all being our first unit we have bought.
Any sugguestions on what i can do here? I love this place, but im worried the repairs will almost put us in more debt than our unit is worth
thanks in advance for any sugguestions
Any sugguestions on what i can do here? I love this place, but im worried the repairs will almost put us in more debt than our unit is worth
thanks in advance for any sugguestions