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Real Estate
Reply to "buying a condo with $350HOA fees"
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[quote=Anonymous]A condo is not the right purchase for everyone. But we have been very happy in ours. Our old TH felt like a money pit—it was in the woods, so we paid monthly pest control, put out cash and time regularly for lawn and garden care that we did not enjoy, and paid HOA fees to maintain the roads and common areas. This added up to $300+ per month. We had outdoor parking and washed our cars regularly as a result. It was a little too big for us and older so there always seemed to be needed maintenance.we were so unhappy we were ready to rent but decided it made more financial sense to buy a condo (and our adviser agreed). We moved to a smaller, newer-but-not-new condo in a large and well managed building with an underground garage, landscaping and snow removal included, water, pool and front desk concierge with emergency maintenance help included in the $500/month fee. I have more time to do what I enjoy (not yard work) and feel much happier with the change.[/quote]
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