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Condo owners should be mindful of additional costs, such as HOA fees and special assessments. The lower price tag comes with downsides as well, including strict rules and regulations and increased ...
And real estate investor Elena Nuñez Cooper says that condos don’t typically have a cap on HOA fees, and many people can buy a single-family home for “less than what most luxury condos cost ...
A neighborhood or condo complex with tennis courts, a gym or a pool (or all three), for example, will have much higher fees than one without. Your HOA fees help cover those nice-to-have features ...
Redfin analyzed HOA fees during the three months ending July 31 for condominiums in 43 metro areas across the United States. While the data showed a 6% median gain among all the cities analyzed ...
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.
Parks Huffstetler, a snowbird who bought a condo unit at SurfSide Club South in late 2021, told News 6 he had no idea about the upcoming assessment fees — and he certainly hadn’t budgeted for ...
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