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Teresa King

Broker, RE/MAX White Sands, Inc.

Typical Costs Involved with Condo Ownership
•Monthly Condo Association Fee. •HO6 Insurance Policy on your personal unit which covers liability and your contents.  •Property Tax for your personal unit. •Your monthly utility costs •Interior maintenance to your unit and its systems and appliances •Any yearly assessments voted on by your condo association which are not covered by your monthly dues. In the condo price range of an under $200,000 condo, yearly assessments have been seen at $1400 to $2100 each year per owner, usually payable in 2 or 3 increments. 
These costs can range widely for different complexes and these price examples are simply to make you aware of the existence of this possibility.
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All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.