Property Q&A in Grants Park>Question Details

Mom, Home Buyer in Atlanta, GA

what are the monthly condo fees -- these are important and should be on all condo listings but they never seem to be -- am I missing them?

Asked by Mom, Atlanta, GA Sat Mar 2, 2013

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This question was asked from this property: http://www.trulia.com/homes/Georgia/Atlanta/sold/1000362683-…

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Answers

10
Mom,

Of course the condo fees are important, but more important is learning what they include and do not include. Work with a buyer's broker who will take the time to research the community and help you determine the financial health of the HOA. Do they have enough reserves? Are there special assessment pending? What does the HOA maintain and what is the owner's responsibility? Even when the information IS in the listing, it may not be up-to-date. A Realtor working for you should bird dog these and many more issues for you.

Best,

Dave Herren
Best Atlanta Properties
404-425-4945
0 votes Thank Flag Link Tue Mar 5, 2013
Thanks for all these great answers - it really helps! Signing up for listing book acct!
0 votes Thank Flag Link Sat Mar 2, 2013
@Mom

On sites like trulia it is not the listing agent eliminating the HOA dues. This site often filters a lot of content that can actually found. Like my Lee Taylor said; you should definitely get a listingbook account. It is basically the baby brother of the MLS system that we REALTORS use. I give invites to the site to all my clients and they love it. It's definitely 100 times better and more informative.
0 votes Thank Flag Link Sat Mar 2, 2013
Seeing as how you have posted this query more than once, Mom, have you ever considered getting an Agent/Broker to work for you -essentially for free- in order to achieve your goal of affordable housing without any chance of a "sales gimmick' coming into play? Please call, text or email if we can provide further assistance. Good Luck!

Michael Hammond
SellsRealty@gmail.com
404-538-5499

http://www.georgiamls.com/agentsite/index.cfm?SiteID=HAMMONDJOHNM

http://www.chapmanhallprofessionals.com

http://www.SellsRealty.org

http://www.city-data.com/

http://www.greatschools.org
0 votes Thank Flag Link Sat Mar 2, 2013
Thank you for answers and I know they vary unit to unit. A condo fee is as much a part of the monthly costs as a mortgage payment so not listing them for the particular unit is actually hurting the agent. Most buyers search online now and eliminating this only seems like a sales gimmick.
0 votes Thank Flag Link Sat Mar 2, 2013
Good answers.

Mom, you need Listingbook, because Trulia is not getting the job done for you with their filtered, dated data.

I can get you a Listingbook account for free. Please call me.
Web Reference: Http://intowninsider.com
0 votes Thank Flag Link Sat Mar 2, 2013
Having a good agent like Adam (below) or myself working on your behalf will help get questions about HOA fees answered. Also, when we write an offer for a buyer, we always ask the seller to complete a Community Association Disclosure in which the seller tells us what the monthly HOA fees are, what they cover, and whether or not there are any other fees due from the buyer at Closing. This Disclosure also requires that the seller disclose any other approved special assessments wherein the Community is collecting to fund a project such as repaving the parking lot, replacing the roof, etc. Knowing all of this as well as the rules, covenants, and bylaws of the Community will help buyers be informed and avoided any unpleasant surprises such as extra expenses, which could be a problem given the significant expense of buying a home. Please let us know how we can help you get all the information that you need to make the right decision(s). Thank you!
0 votes Thank Flag Link Sat Mar 2, 2013
Hi,

This condo is actually not for sale at this moment. However there are other available units here.

As for HOA fees they will vary. You are looking in the low $200's for one bedrooms to the high $200's to $300's for 2 bed 2 baths. The HOA will vary depending on numerous things no matter what building it may be.

If you have any questions feel free to contact me. I work in this area a lot.

Tyler Willis, REALTOR®
Keller Williams Realty Intown Atlanta
621 North Ave NE, Suite C-50
Atlanta, GA 30308
Office: (404)541-3500
Direct: (678)656-5524
tylerwillisintown.kwrealty.com
0 votes Thank Flag Link Sat Mar 2, 2013
The HOA fees for Oakland Park are about $315 per month, Mom. Please call, text or email if we can provide further assistance. Good Luck!

Michael Hammond
SellsRealty@gmail.com
404-538-5499

http://www.georgiamls.com/agentsite/index.cfm?SiteID=HAMMONDJOHNM

http://www.chapmanhallprofessionals.com

http://www.SellsRealty.org

http://www.city-data.com/

http://www.greatschools.org
0 votes Thank Flag Link Sat Mar 2, 2013
Fees are typically included on the listing reports that agents have access to via FMLS/MLS. Sites like Trulia get their listings from a feed so sometimes that information doesn't make it through unfortunately.
0 votes Thank Flag Link Sat Mar 2, 2013
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