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Reply to "What’s covered by condo HOA fees?"
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[quote=Anonymous][quote=Anonymous]Why would you do this? Retiring in a condo that already has $1,400/month HOA fees is very risky. HOA fees tend to increase faster than inflation and they will only get worse. These high fee condos are a very bad financial deal. Home maintenance, utilities, property taxes and HOA fees combined are probably less than $2,000 a month on your SFH house if it is paid off. Moving to this condo won’t necessarily save you money and it might cost the same as living in your SFH now. [/quote] OP here, and, as you can see from my comment above, I'm starting to come to the same conclusion.[/quote]
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