Home Buying in Oregon City>Question Details

Wardore, Home Buyer in Portland, OR

, Brochure shows like a nice home. Why does brochure show a price OF$105,000 What are maint Some housing fee of a month fee of $200?

Asked by Wardore, Portland, OR Tue Mar 5, 2013

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3
Hi Wardore,
You didn't post a link to the actual property, so I can't look up who to contact. But if you go to that condo community's website you can find who to contact about rental questions or you can find the HOA management company info and you can call them to inquire about rental capacities and if they know of any for rent. Condos are owned by individual owners, so each owner would decide and advertise if their unit is for rent typically, but they may share it with the HOA company. If you are seeing a brochure with a price, it may be that the unit is for sale rather than for rent. Good luck!

Mandy Lewis
503-522-5803
http://www.PDXRockstars.com
0 votes Thank Flag Link Wed Mar 6, 2013
Thank-you for the answer. Is there a person I can call to obtain this data? Interested if fee is close to $150 or less. I am looking for a rental.Are rentals ok at this location? 503-387-5100
0 votes Thank Flag Link Tue Mar 5, 2013
It's likely this is a condo and the fee is a monthly assessment for things like management, exterior maintenance, some utilities that may include water, sewer & trash, maybe a pool. So when you look at condo's understand you'll own the interior of your place but jointly own with the other home owners the exterior and the common or shared exterior spaces. HOA's or Home Owner Associations also do an annual determination of what big expenses may come up in the future, like roofs or exterior painting. A portion of the monthly fees collected go in to a fund for these expenses. If you're considering a condo, some are really nice, you need a qualified Buyer's Agent to help you gather all the information on the HOA. This way you know going in what to expect.

Robin Weisgerber, Principal Broker
Premiere Property Group, LLC
Your Neighborhood Specialists
503-481-3234
0 votes Thank Flag Link Tue Mar 5, 2013
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