Quote:
Originally Posted by Kelse92
Its a condo, what are your typical bills at your house?? The HOA are covers all of mine except my electric bill. There's a pool here, elevator, porter who mows/gardens/etc daily and capital improvements (eg 100k+ this year spent on roofing/gutters/stucco damage). It's expensive but ultimately not much different when comparing the expenses involved in owning a home if I was paying for all of those services separately
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Interesting, lets share some experiences caused by different nations: Here also all listed things covered and hence I have no parking space into the garage, I hadn't to pay fees for it. My monthly fee is around 250 bucks (converted) and this depends mainly on used water and heating. Excluded here also electric and phone/internetcable.
Did you receive some bonus in any way because you are member of the HOA board? Are you members extra insured for decisions made in the name of the community? Have you an extra contracted company for managing legal things, care of porters and other stuff or do you do that for yourselves?