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Reply to "selling condo townhouse for SFH--good idea?"
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[quote=Anonymous]We currently live in a condo townhouse in S. Arlington. condo fee is $420 a month, mortgage is around $1400 (recently refinanced and took a slightly higher rate to avoid closing costs because we would like to sell within 2-3 years, possibly sooner). We think that if we we sell we will walk away with around $160k. Our thought is that we could afford a SFH and pay more mortgage since we would be losing the condo fee. However, I realize that we would need more $ for insurance and for taxes (especially if we stay in Arlington). We are also hoping to have another baby in the next 2 years. Does it make sense to sell? Should we try to lose the condo fee? [/quote]
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