real estate


Question by  helpfulpasserby (27)

What bills will I have to pay when I buy a condo?


Answer by  Caenaise (165)

Typical expenses associated condo ownership are HOA (Homeowner's Association Dues), homeowner's insurance, repairs and maintenance, property taxes, utilities, and, of course, the mortgage. The HOA dues generally include expenses for the common areas, such as maintenance and repair, utilities, and security, as well as insurance for the exterior walls. Sometimes the HOA dues inclued water and cable for each unit.


Answer by  josh34 (62)

You will be required to pay mortgage for the condo. You will also have h. o. a. fees that may be due monthly , yearly, or quarterly. You will also have your power bills adn water bills. You may have to pay for trash disposal as well unless that is incleded in your h. o. a. fees.


Answer by  bowski (24)

The bills that you will be responsible to pay when you buy a condo are mortgage, utilities, cable and insurance. Some condo associations also will require you to pay a monthly condo association fee.


Answer by  Roland27 (16334)

Aside from your average bills like heat, electric, mortgage and water/sewer, unless that's covered in your condo deal. You are going to have to pay a monthly condo maintenance fee. This covers any exterior work, lawn mowing, Pool maintenance,elevator maintenance and if there is a gym with in the building.


Answer by  tamarawilhite (17883)

You will have to pay a mortgage payment. You will have to pay for utilities like water, electricity, sewer and phone (if a land line is used). You will probably have to pay a maintenance fee, which covers maintenance of common areas, the building, the pool if there is one, and property taxes.


Answer by  Anonymous

you pay water cabel electricity

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