Quote:
Originally Posted by albertGQ
I don't agree with this since most condo fees include some or most utilities. For regular homes, its not like the utilities are included in the debt servicing ratios for qualifying
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Hmm, that is interesting.. However, there are some places where the condo fees are ridiculously high. I know of a place that has units around 1100 sq ft, and the prices look great at 230,000. However looking closely the condo fees are around 700/mth... Situations like that need to be looked at more carefully.