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414 Rehoboth Ave Rehoboth Beach, DE, 19971
Office: 302-227-9477

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Tagged : condo fees

Found 1 blog entry tagged as "condo fees".

Condo Fees

A recent survey finds that among those who are seriously considering buying a condominium in the coming year, nearly a quarter of them consider condo fees a key element in their decision.  According to the study, participants think HOA fees “feel a lot like paying rent” -- sometimes causing buyers to switch focus toward properties for sale where they “won't have to pay the [high] monthly fees."

Psychologically, it’s understandable. The concept of paying $400 or more a month (condo fees vary from $100 to $1,000) as a “fee” on top of a mortgage can indeed feel a lot like paying rent. But not all costs associated with owning property are readily apparent. 

For example, most condo fees include maintenance for common elements like landscaping, snow

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