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Reply to "Condo fees are ridiculous "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My coop fee is $1,100/month. Includes water, heat, gas, property taxes, and building upkeep. I've never had to pay for: gardening/ landscape services, tree maintenance, a roof, a water heater, an electrical repair or wiring upgrade, anything but minor plumbing, repair or maintenance to a driveway or external building structures. I think the costs are more visible in a condo/coop, but I'm not sure if they are actually smaller. How much per year do you budget for housing maintenance if you have to do it yourself? [/quote] Massive difference between a co-op and a condo. Massive. [/quote]m Coop is massively better yet realtors push condos as in coops the dirty secret is you don’t need a realtor at all to sell. It is just a share transfer [/quote] Can you please say more about this? How do I find a coop if it's not listed on MLS?[/quote] Many building have internal website or you go to building and put flier up in laundry room. I sold mine that way. My lawyer wrote it up. He had his lawyer look at it. Since coops are share transfers the board can give you list all recent sales in building. Also hardly any transfer taxes. Mine I owned free and clear and buyer paid cash. Just a share transfer almost zero closing fees [/quote]
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