Why condo fees are worth further examination

True story. A couple walk into a “for sale” oceanfront condo that adjoins their good friends’ unit. The wife is awestruck by the stunning ocean views and smitten by the perfect staging job. She says to her husband: “I want this house. It’s beautiful, and we wouldn’t have to do a thing……Her one concern? The exorbitant condo fee, mostly for flood insurance, but that was not going to get in the way of owning her dream home.    Read the article……………


Related Articles

Consider rules before buying or renting HOA-governed properties

Many people looking for rental properties are turning to condos and townhomes as a less expensive alternative to renting a

How Homeowners Associations Impact Long-Term Expenses

All homeowners are required to pay state, property and income taxes. But when you purchase a condominium, townhome or home

Law You Can Use – Common Condominium Questions

The reality is that a condominium is a form of property ownership that has been specifically created by state law and defines ownership, maintenance responsibilities and cost allocations