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Will Your HOA or Condo Board Hike Its Fees Soon? How to Tell
By reinvestor on May 12, 2017
golero/iStock
If you’re looking to buy a home that’s part of a condo complex or homeowners association, you’re going to have to pay fees—either monthly or yearly—that go toward the upkeep of common areas such as the parking lot or swimming pool. And these fees can be significant, amounting to $200 to $300 a month for even the most basic amenities.
But consider this: Who’s to say those fees won’t rise once you join the club?
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