I could really use some advice if any of you are bored. I've been going back and forth on condo vs. SFH.
I hear the horror stories about HOA, but OTOH, I also hear that if the property is at/near maximum capacity, and it's a fairly new development, the special assessment fees should be kept to a minimum. Still, I worry about shared walls with noisy neighbors, yapping pocket-dogs, etc.
I've already owned a SFH (been renting in recent years due to uncertainty re: where I'll be for my job), and I don't think I want to deal with that again. This may surprise some of you, but I'm the laziest person on earth. I'm over shoveling snow and raking leaves. I think I may have just talked myself into a condo.
Last thing; when the property is paid off - which won't be more than a few years - is the HOA monthly fee and occasional special assessment for major repairs pretty much equal to what you'd expect to pay for repairs in the long run when owning a house?
TY