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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Smiling Bob who wrote (104792)2/13/2008 2:49:52 PM
From: Think4YourselfRead Replies (1) of 306849
 
Ah, condos. You get to pay your mortgage, association fees, taxes, and insurance. If you ever get ahead they whack you with an assessment for a bunch of new roofing in another part of the complex because the last contractor did shoddy work and no one checked who was qualified to know.

Top that off with the fact that you have neighbors on the other side of two or three walls and can't change anything outside without written approval from the association. You might even be blessed with a common garage and senile old neighbors who leave their garage doors open for days at a time.

Such a deal!
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