Blogging and News Worthy Stories for Salespersons, Brokers, Real Estate License Educators and Students Alike.

Wednesday, February 21, 2007

Why Condo Fees can be a Good Thing

Last week I was approached by a fellow who felt he had no choice but to sell his house. He bought his three bedroom bungalow about three years ago. The problem was that he didn't budget correctly. After buying his house he didn't think that he would have to make any more payments. Thus it was a HUGE shock for him when he discovered that he needed to replace his roof. He told me that he can't afford to fix it and thus is forced to sell his house. I recommended that he move into a condo. I think anyone who isn't good at bud getting should live in a condo. It forces you to budget through their condo fees. I thought I would write a quick article explaining why condo fees can be a good thing. Enjoy!

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