XPost: hfx.general, nb.general
From: cmoonman@NOSPAMhotmail.com
That's awesome, some great info there! Thanks again!
"Heather Morrison" wrote in message
news:pDt4g.296$cZ3.81@clgrps13...
>
> "mctnguy" wrote in message
> news:1Np4g.67591$VV4.1292523@ursa-nb00s0.nbnet.nb.ca...
>> How much do you pay for condo fees per month?
>
> I'll try and answer based on the condo I sold last fall.
>>
>> How many units in your condo?
>
> 8
>>
>> Do you have patios/decks?
>
> decks
>
>>
>> Does the condo fees go towards lawncare and snow removal?
>
> Yes
>>
>> Does your fees cover everything except the interior? Or are you still
>> responsible for your own roofs, steps, etc?
>
> Everything but the interior ..yet covers original fixtures etc.
>>
>> Are your condos run by a company or by the owners themselves?
>
> The owners
>
>>
>> Do you find that your condo fee (if it's high) has a negative stigma on
>> selling your condo? My fee was low -$200 for the area - South End Halifax
>> ====================================================
>>
>> I am asking because I am vice president of a condo association and we are
>> having some difficulties with our finances and are looking to raise our
>> fees. We currently pay $130/month and I am hearing other condos charge
>> $200/month.
>>
>> Our current fees leave us with only ~$200 each month left over but the
>> age of the units now means that things are starting to go (roofs, patios,
>> steps, etc) and this $200 extra is not cutting it.
>>
>> Some of our owners are saying they do not want to raise fees because it
>> will make selling the units harder with higher fees. Personally I think
>> a run down condo would be harder to sell.
>
> I agree with you. Maintaining your investment is more important.
>>
>> Any other suggestions would be greatly apprieciated!
>
> Depending on how many units different laws may apply. I really don't
> understand why your corp doesn't have a fund for maintaining the units. I
> thought this was law to some degree not matter how many units. Even if it
> isn't law it only makes good sense.
>
> When I sold my unit..it sold without having to go on the market..the
> people weren't so much interested in the fees but interested in the state
> of building and the corp finances.
>>
>> Thanks for your time!
>>
>
> Good Luck!
>
> toodles
>
> HeatherM
>
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