Saturday, July 30, 2011

Your Questions About Condo HOA Fees

Steven asks…



How do I find property with no HOA or CONDO fees?
I'trying to find a mobile home or condo in Florida that does not have any HOA or CONDO fees.






Anne answers:
Every condo or mobile home will have additional monthly fees. Because you do not individually own the land and exterior of structures, there is collective moneys that go toward funds to maintain those.
As far as mobile homes, you will find areas that you can purchase the units themselves, but the lots you will have to rent. So there will be monthly fees associated with every type of property.

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