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Old 11-09-2007, 10:25 PM
 
57 posts, read 223,658 times
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Quick question: Are condo fees typically included in monthly mortgage payments. (Yes, I'm sure my banker could/would answer this, but it's the weekend and I need to make a counter-counter tomorrow.) True, it has to be paid each month, just like utilities, but does it have to be tacked on to the mortgage itself?
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Old 11-10-2007, 06:04 AM
 
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I have never heard of a mortgage company escrowing condo fees, at least here. Insurance/taxes yes, condo fees no.
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Old 11-10-2007, 10:25 PM
 
Location: Indianapolis
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I'm quite sure you will not be able to escgrow this. You will be responsible for paying monthly or anually directly to the association
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Old 11-11-2007, 12:09 PM
 
57 posts, read 223,658 times
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Thanks sweet and IM. I was hoping I wouldn't have to escrow it, so this works out well.
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