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The clipping this text was read from
The clipping this text was read from

WHY CONDO

FEES VARY

When prospective condominium buyers come to us for help, they all seem to have the same perplexing dilemma. They wonder why the monthly condominium charges vary so much from complex to complex within the same price range. How can such a buyer determine what is a fair amount and what isn’t?

There are many reasons why monthly condo fees vary widely. Some fees include insurance and property taxes and others don’t. Some fee schedules are prepared by professionals and contain adequate reserves for maintenance, improvements and replacement. Unfortunately, other fee schedules are sometimes drafted by optomistic individuals who are more interested in selling unsold inventory than in managing accurately and efficiently.

If your purchase is handled by a full-time residential agent, you will be gaining a larger degree of buyer protection. Be safe. When you look over the budget and the fee schedule, have a professional at your side to protect your interests.

If there is anything we can do to help you in the field of real estate, please phone pr drop in at EILEEN M. DAY, Realtor, The Clopton House, Washington, VA 22747. Phone: 675-3400. We’re here to help.

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