I am a CPA and I am starting the process of evaluating a potential condo purchase in Jupiter and the

Steve Allegretto
Home Buyer
Jupiter, FL

surronding areas. I want to put a spreadsheet together of annual operating expenses after the purchase to include real estate taxes, maintenance fees, insurance, etc. Do you know how or where I would be able to go in order to get this information in one place?

Answers (3)
First to answer: Steve
Miriam Speakman
Broker
33477

Hi,

Skip is right about the real estate taxes. On the maintenance and insurance, be sure to verify the maintenance fees and who pays for insurance with the HOA association directly. For instance http://www.Bristolmanagement.com is a site that does many associations in Jupiter or you can usually Google the HOA. Information can vary in the MLS and is sometimes outdated. I would establish a relationship with an insurance company that can give you individual quotes on the different properties you are looking at.

Hope this is helpful

Thu Aug 6 2009, 07:51
Skip Yachanin,...
Agent
Jupiter, FL

If purchasing a home in Palm Beach County, you can figure on your real estate taxes being about 2% of the purchase price. If you go to the property appraisers website, http://www.co.palm-beach.fl.us/papa/index.htm you can find out exactly what they will be with an on site calculator. Since you are purchasing a condo, most condo associations have the insurance premiums included in their monthly maintenance fee, so you can get the figure from the association, but most of the time this figure is shown on the listing information sheet, if it is in the Multiple Lisitng Service database. Hope this helps.

Fri Mar 7 2008, 10:52
Steve
Home Buyer
Connecticut
FIRST ANSWER

3 places, town for taxes, condo assoc for fees, and phone for ins quotes. good luck

Fri Dec 28 2007, 12:49

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