Home Buying in 33141>Question Details

Santiago, Home Buyer in Los Angeles, CA

IS THE ASSOCIATION FEES NEGOTIOBLE?

Asked by Santiago, Los Angeles, CA Tue Oct 28, 2008

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Lynn911.com Dallas Realtor’s answer
No they are not if so be a rare exception. Unconfirmed if I would start negative issues with HOA they can make your life horrible. I would be careful when you approach the subject matter
http://www.lynn911.com http://www.homes-for-sale-dallas.com
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0 votes Thank Flag Link Tue Oct 28, 2008
Association fees are not negotiable, it is best not even to ask that as they are written in stone. When looking at a property with an HOA make sure you review the docs including the rules and regulations, as well you should look at the current and any propsed budget and ask if there are any current or future assessments coming up above and beyond teh monthly fee.
Web Reference: http://www.ScottSellsNH.com
0 votes Thank Flag Link Tue Oct 28, 2008
Santiago,

As previously mentioned, home owners association fees are not negotiable. To do so would create problems beyond your wildest imagination.
0 votes Thank Flag Link Tue Oct 28, 2008
I've never heard of ANY condominium association negotiating the monthly fee. There are exceptions to EVERYTHING; perhaps in the event of a foreclosure or short sale- if the past due fees are delinquent- the association may discount the balance due in order for a sale to take place.
0 votes Thank Flag Link Tue Oct 28, 2008
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