LIFamilies.com - Long Island, NY


RSS
Articles Business Directory Blog Real Estate Community Forum Shop My Family Contests

Log In Chat Index Search Rules Lingo Create Account

Quick navigation:   

Condo Questions

Posted By Message

Leeners
:)

Member since 5/05

4898 total posts

Name:
Eileen

Condo Questions

For those of you in condos:

Do the "Common Charges" mean $ paid per month or is it like taxes and it's paid per year?

Are condos like co-ops in that you need 20% down and have to get approval of a board?

Thanks!

Posted 6/29/05 8:30 AM
 
Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource
  |   Long Island Weddings

Redhead
You Live, You Learn

Member since 5/05

31871 total posts

Name:
Jennifer

Re: Condo Questions

Common Charges are paid monthly

You do not need any board approval in Condos only Co-ops
eta...no you do not need 20% down

Message edited 6/29/2005 8:38:10 AM.

Posted 6/29/05 8:37 AM
 

sasha96
lovin' my 2 little ladies!

Member since 5/05

7401 total posts

Name:
Julianne

Re: Condo Questions

common charges cover costs for outside maintenance (b/c you take care of everything on the inside and don't need anyone's approval for that), snow removal, gardening, upkeep of amenities, etc. Since you own the unit you pay your own taxes seperately. just like buying a house you can get a mortgage with any % down that you qualify for.

Posted 6/29/05 8:46 AM
 

Leeners
:)

Member since 5/05

4898 total posts

Name:
Eileen

Re: Condo Questions

great, thanks you two!

Posted 6/29/05 9:38 AM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
Coop/Condo questions Pumpkin 5/30/06 14 Home
decided to at least start pumping...questions and opinions? mable 3/22/06 12 Parenting
afer baby body questions bellarina 3/20/06 6 Parenting
Some questions for gals that were past their EDD KangaMom 3/19/06 5 Parenting
Carile has a cold - some questions lmb03 3/18/06 10 Parenting
Very Serious Questions IGLover 1/24/06 28 Families Helping Families ™
 
Quick navigation:   
Currently 173080 users on the LIFamilies.com Chat
New Businesses
1 More Rep
Carleton Hall of East Islip
J&A Building Services
LaraMae Health Coaching
Sonic Wellness
Julbaby Photography LLC
Ideal Uniforms
Teresa Geraghty Photography
Camelot Dream Homes
Long Island Wedding Boutique
MB Febus- Rodan & Fields
Camp Harbor
Market America-Shop.com
ACM Basement Waterproofing
Travel Tom

      Follow LIWeddings on Facebook

      Follow LIFamilies on Twitter
Long Island Bridal Shows