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Reply to "HOA Fees - why do they vary so much?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I just bought a townhouse in a new development and my HOA fees are over $100/month. I wasn't too happy about it, but at least they mow the lawn. [/quote] OP here. Townhouse is different, they often cover exterior maintenance and the roof.[/quote] No not the roof. Almost never is the roof covered. To the PP, for $100 a month to have your lawn mowed? That alone is worth it.[/quote] Guess I got lucky, the townhouse I own has the roof covered so I assumed that was standard. Even if the roof isn't covered, townhouses usually have parking lots that are private property that need to be maintained so it's different than a SFH.[/quote] Typically when roofs of townhomes are covered it's because it's a condo style of ownership instead of fee simple where you own the ground beneath your house. Do you know which yours is? Probably doesn't matter either way, but fascinating that your roof really is covered. I've been in real estate a long time and never seen that.[/quote]
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