I wonder how much homework people do before buying into a condo/town home community. 60 dollars a month to cover mowing, landscaping and a pool is WAY too cheap. There is no way to get those services at that rate.
It sounds like the HOA kept their fees artificially low, to lure buyers in.
Anyone knows that a well managed HOA in our area, providing services like that, would be charging about 200 dollars per month.
The best managed HOA on the island, the Keys, is under 200 per month and doing a fantastic job for their owners. Again, they use volunteers to run their association, saving management fees.
What a shame for those buyers over in Carolina Beach.
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