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Reply to "HOA Fees - why do they vary so much?"
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[quote=Anonymous][quote=Anonymous]Some places aren't adequately funding the reserve fund. This will come back to bite you in the a** later. You won't know unless you a detailed review of their financials once you get the HOA docs.[/quote] this is what I was going to say. A lot of newer places have high HOA fee's because they are building a reserve, or rather should be building a reserve. We own a cond in an older well established commmunity with a low HOA fee because they have a big reserve buit in. It will also vary based on amenities and what the fee includes [/quote]
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