Good luck to you,
Unwavering Commitment to Service
Not sure this is really a question, or what fees you are addressing, but I will try to answer.
Did you already purchase the property or are you still in the buying stage? Are you using or did you use an attorney to represent you in the transaction?
If you have not already closed on the house, speak to your attorney about the apparent fee changes. During the final weeks of purchase the mortgage company should ask for a Condo Association form which gives information on the HOA fees, and should specify if there are any pending "assessments" etc. (usually for capitol improvements)
If you have already closed, IMHO you should have been informed about any upcoming changes in the fees related to special assessments unless they are recent and were not in place prior to closing.
Again if you are using or used an attorney, speak to him/her to find out what is happening. If you do/did not have an attorney I would ask one for advise.
I gather from what you are saying you already have purchased the condo/townhouse. Your contract with the sale of the home stated that the association fees would be $85.00 a month and now they are changing. If that is the case, you should have received a HOA booklet that explains in detail the rules and regulations of your association. If you did not receive this book, I could possibly help you out and find the number to your HOA where you can call directly and ask the President or a board member your questions. You can email me the condo association and I can try to help.
Look in there for all the fees associated with your HOA.
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Thank you for you question.
Are you buying the home with the assistance of a Realtor?. Have him/her call the Association directly to find out the total fees so you do have any surprises. If not the name and contact numbers of the Association should be in your agreement of sale so call them directly and ask them the question about one time fees, any other charges and verify the monthly assoc. fees.
Some Association charge a couple of monthly assoc. fees upfront at settlement, others ask for a processing fee, others have another charges.
I always call for my clients so I am aware what the fees will be to have them handy and available.
Better know before you go to settlement.
Ines De La Cruz, Realtor, ABR