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Nesgroup address: misc.consumers.house - Date & Time for the message: 25 Jul 2005 12:41:55 -0700 /

Author of the message: el_roachmeister@yahoo.com

Title of the message:
Home vs. condo ownership costs?

Text of the message:
I have just bought my first condo and people always think I am dumb for
paying a 100 dollar/month condo fee. This fee covers all exterior
maintenance and insurance. I figure this is a good deal since a condo
has purchasing power and can negotiate cheaper deals than an
individual. For the same size lot, does not one end up paying the same
(if not more) to mantain and insure the exterior of a home? I know
there are many other differences between condo and home, but I just
want to know if it a lot cheaper to mantain/insure exterior oneself
instead of paying a flat fee?
.



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