brett
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Apr 24, 2010
- Messages
- 5,925
I guess that it depends on what the HOA is responsible for.
Ours does the gardening, sprinkler system, the snow removal, and a fence. 4
Ballooning monthly fees can be a significant issue. We saw this on a few condos during our property search. They have a major impact on selling price and days on market if one happens to be on the market.
When we were shopping I walked out of a new build. Asked about the condo fees for a specific unit and they started giving it to me in sq. ft. Could not answer the reserve questions. Realtor showed us a few properties where the condo fees had increased significantly post build because the builder purposely low balled the estimated fees.
Ours does the gardening, sprinkler system, the snow removal, and a fence. 4
Ballooning monthly fees can be a significant issue. We saw this on a few condos during our property search. They have a major impact on selling price and days on market if one happens to be on the market.
When we were shopping I walked out of a new build. Asked about the condo fees for a specific unit and they started giving it to me in sq. ft. Could not answer the reserve questions. Realtor showed us a few properties where the condo fees had increased significantly post build because the builder purposely low balled the estimated fees.
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