Reserve fund requirements for Canadian condominiums and stratas
Florida has historically been considered an ideal state to purchase a winter home. Not only is it easy to get to, but condominium units were plentiful and very affordable. However, a recent law is making prospective buyers think twice about buying a condo unit in Florida. Table of contents The law (SB 4-D), […]
What are strata fees and are they mandatory?
Living in a strata corporation certainly has its benefits, but regular fees must be paid by every strata member.
The average cost of HOA fees
If you’re thinking about moving into an HOA, make sure to budget HOA fees or dues into your recurring expenses.
The average down payment for a condo
In this article, we look at how sale prices and down payments for condos vary depending on where you live.
What are HOA fees and what do they cover?
When most people think about buying a home in a condominium or single-home community, they only consider the capital cost of buying the property. Things like HOA fees come as a surprise to them because they were not properly informed about how they work or what they are used for. To help you understand HOA […]
