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What are the disadvantages of buying a condo?

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15th Feb 2011 by admint

Some disadvantages to purchasing a condo are that you have to pay condo fees/maintenance fees in order to maintain the common areas of the condo. This can be a disadvantage when the condo association mismanages the funds and fails to maintain the common areas. As the condo owner, you are still obligated to pay the fees, even though your fees may not be going to good use.

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This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



7th May 2010 In Real Estate 1 Answers | 65 Views
Subjects: condo,

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What are the disadvantages of buying a condo?


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