Many people fear condo fees but don’t fully understand why they even exist.
Every condo board is different and, therefore, all condo fees are different.
When it comes to understanding fees, there are a couple of things to consider…
• What do the condo fees include? Some options are heat, water, and sewer.
• Are fees being collected for future repair? Shingles, exterior siding, elevators, and common area carpets are just a few of the things that must be repaired.
• Are there outside and public use areas to be maintained?
You must decide if the fees are worth it to you not to have to take care of costs and repairs like this yourself, as you must do with a home.
If you want to live in a nice, well kept building, condo fees are a necessity.
Let our professional staff help you