Home Buying in Canton>Question Details

Sgentz, Home Buyer in Westland, MI

1. What are association fees? 2. How much in association reserve?

Asked by Sgentz, Westland, MI Thu Mar 14, 2013

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The association dues are $240/month, I do not know how much the association has in reserve.

This is new foreclosures listing as 03/13/13. If you would like to see it or have other questions please let me know.

You can call, text, or email anytime

Thanks,

Joe Bertera
Remerica Hometown One
248.521.6443
joebertera@gmail.com
Web Reference: http://www.joebertera.com
1 vote Thank Flag Link Thu Mar 14, 2013
Check with the HOA or the management company to find out the true assoc. fee's and what is covered. Be aware that most association fees are going up this year. For the association reserves you also want to ck. with the HOA or management, a lot of condos if they have a news letter or website will publish this information. You will also want to check to see if there are any additional or special assessments.

Feel free to contact me if you have any other questions on Condominiums 248-962-3230

http://www.TheCondoHouse.com
0 votes Thank Flag Link Tue Apr 2, 2013
I apologize for my tardiness in answering your questions. Association fees are $600 per year. I will have to check with association president to see what the current reserves are.

Any further questions, please feel free to email me at wolosk@att.net.

Thanks!
0 votes Thank Flag Link Thu Mar 21, 2013
I apologize for my lateness in getting back with you. Association fees are $600 per year. I will have to check with the association president on how much is currently in reserve...

Any further questions, please feel free to email me at wolosk@att.net.

Thanks!
0 votes Thank Flag Link Thu Mar 21, 2013
Condo's by nature can be tricky to finance. There are a lot of variables that go into condo's being eligible for mortgage financing. For instance, traditionally speaking condo complex's can only have a certain ratio of foreclosed properties when it comes to being mortgageable. Joe mentioning this property is a foreclosure is what prompted me to chime in. Best of luck!
0 votes Thank Flag Link Fri Mar 15, 2013
Association fees are 240 a month. To find out how much the association has in reserves you have to contact the management company. You may have to pay a fee to find out that info. It is a sellers market right now and many homes are flying off the shelf. If you see a condo that you want to get into call me on my cell (313) 310-9855
0 votes Thank Flag Link Thu Mar 14, 2013
The association fees are listed as $240/mo.

As far as the association reserve -- not sure. You'd have to likely contact the management company with the HOA to get the condo documents to view the current budget YTD.

Today is the first day on market for this condo and it is bank owned. These move FAST -- let me know if you want more info or need to take a look.

Thanks!
0 votes Thank Flag Link Thu Mar 14, 2013
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