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View Poll Results: Surprise fees?
I bet they're going to charge you condo fees on top of rent. 8 36.36%
No, fees are either included or not applicable. 5 22.73%
Bass. 7 31.82%
I like pie. 11 50.00%
Multiple Choice Poll. Voters: 22. You may not vote on this poll

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Old 05-26-10, 02:08 PM   #1
coffeecake
Blocking your fire exits
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Going to look at a place.

So, I'm going to look at a condo that's up for rent later today. The rent seems suspiciously low, and I forgot to ask if there are condo fees as well. I haven't encountered a condo for rent where fees are additional, though. What do you guys think?
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Old 05-26-10, 02:10 PM   #2
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Think?

I share my brain cell with three other people. You'll need to wait until I can secure it.
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Old 05-26-10, 02:11 PM   #3
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I thought the landlord as owner of the place usually took care of association fees and charged the rent accordingly to cover it. That's the way it worked in the last condo I rented.
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Old 05-26-10, 02:15 PM   #4
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I thought the landlord as owner of the place usually took care of association fees and charged the rent accordingly to cover it. That's the way it worked in the last condo I rented.
That's what I thought, too, but this place is way nicer than the current place I'm in, and only $100 more, hence the suspicion. Friends of friends recently moved out (I'm assuming this is their old place we're looking at) and they were paying three hundred dollars more than the listed rent. I do not know if that included utilities, though - information was kind of vague.
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Old 05-26-10, 02:26 PM   #5
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Definitely Pie.
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Old 05-26-10, 03:30 PM   #6
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Seek the wise counsel of pc2.
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Old 05-26-10, 03:45 PM   #7
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Depends on what the lease says. Most include the condo association fees with the rent. You'll just have to ask the landlord.
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Old 05-26-10, 03:57 PM   #8
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I know, but I won't see it for another HOUR. Apparently I'm mentally about 5 years old and can't wait that long. That's why I'm asking you guys...because I need instant gratification. (there's a grin smiley here but my browser is glitching on me)

phantomcow2 seems like a nice dude, but I wouldn't take his advice on renting stuff. I need a bit more space than a living room...
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Old 05-26-10, 04:12 PM   #9
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Coffeecake: This is your future landlord speaking. There are extra fees with the monthly condo rent. These can be waived if you perform some "services" for me.
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Old 05-26-10, 05:57 PM   #10
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it's probably illegal for the owner to rent - low rent will keep tenants from complaining?
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Old 05-26-10, 06:42 PM   #11
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Lower than market rents may indicate impending foreclosure, serious non-obvious conditions, or even fraud ("rental" by non-owner, or multiple simultaneous rentals of the same unit). Better if you can verify with a management company.
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Old 05-26-10, 07:26 PM   #12
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I'm assuming you're living in Saskatoon??? If so, and you're under 30yrs old, you have to spend at least one year in Green Gables. It's kind of a right-of-passage thing. This was the first apartment my wife and I lived in. It's a complete dive, but we had a blast. Here's a google street view map link:

http://maps.google.ca/maps?f=q&sourc...12,183.81,,0,5
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Old 05-26-10, 07:51 PM   #13
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I'm assuming you're living in Saskatoon??? If so, and you're under 30yrs old, you have to spend at least one year in Green Gables. It's kind of a right-of-passage thing. This was the first apartment my wife and I lived in. It's a complete dive, but we had a blast. Here's a google street view map link:

http://maps.google.ca/maps?f=q&sourc...12,183.81,,0,5
Is there a shortcut around the rite of passage? The building makes me have a bad feeling in my tummy.
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Old 05-26-10, 07:56 PM   #14
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Is there a shortcut around the rite of passage? The building makes me have a bad feeling in my tummy.
There are no shortcuts in life. Don't worry, that bad feeling in your tummy can quickly be cured by the copious amounts of beer that are consumed in that building. Did you see the pool out front? It's quite nice if you can get past the lack of regular cleaning.
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Old 05-26-10, 07:56 PM   #15
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Sooooo......We went and looked at it. And it's even MORE of a screaming deal - the $1100 quoted rent includes utilities. No condo fees. As soon as he said it, the SO was all "Heyooo" but I was like "Slow your roll....there's something else." As indeed there was - the owners of the condo are renting it out until their darling 16-year-old is ready for higher learning. Two years, max.

Now, it's a pretty sweet loft. Less than four years old, 20' ceilings, polished concrete floors. And absolutely no storage. We'd have to spend most of the money we would save by moving there on wardrobes/shelving to store all our stuff. I do like loft living. But I do not like outfitting a space and then having to move in 24 months. It's just not worth it. *sigh* Guess I gotta stare at this awful green carpet for a while longer.
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Old 05-26-10, 08:32 PM   #16
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I would retain the services of PhantomCow2 to negotiate your lease, so that you can sleep on an ironing board in the crawl space, pay the rent in Euros, have to ladel your stool out of the loo and take it to a public restroom to flush and only communicate via walkie talkie with your guests, you must only call on odd numbered days of even numbered weeks.
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Phobias are for irrational fears. Fear of junk ripping badgers is perfectly rational. Those things are nasty.
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Old 05-26-10, 08:54 PM   #17
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Small houses are going so cheap nowadays. Buy your own!!
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Old 05-26-10, 09:07 PM   #18
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Since I moved out of my parents house I haven't lived at any one place for any longer than two years...
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Old 05-26-10, 09:14 PM   #19
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Ask phantomcow2 how that low rent works out,hoohaa!
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Old 05-26-10, 10:01 PM   #20
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Small houses are going so cheap nowadays. Buy your own!!
Don't make me burst into tears. We can get approved for a mortgage of $200,000. That will get me a tiny one bedroom condo here or two trailers. Average price of a sub-1000 sq foot bungalow here is $290,000...and that's in the neighbourhoods where you have a slightly smaller chance of being stabbed. I have resigned myself to the fact that wherever I am able to purchase a house in this godforsaken town will also necessitate the purchase of a) bear spray and/or b) a taser. Even the ****ty duplexes down the street are going for over 600 K each.
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Old 05-26-10, 11:06 PM   #21
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I voted for pie. Mmmmm cherry. Or lemon meringue. Maybe pumpkin.

I sounds like a good deal on the condo even if it's only 2 years. You could save up some extra money in that time and maybe in 2 years the housing market will implode on itself and prices will be better. And by better I mean not $650,000 for a bungalow that isn't cozy (it's cramped), not a fixer upper (code for: the roof is gone and you need a bucket to flush), and includes mold (cuz no one really has green shag walls), and the quaint artistic neighbourhood is actually the middle ground for a turf war between several rival gangs. Yeah, I'm talking to you Scarborough.
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Old 05-27-10, 07:01 AM   #22
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I would still take the condo. Who knows if the plans for the 16-year-old will fall through or not.

My father-in-law rents his buildings cheap. Just now we were showing a great house in a gorgeous $350,000+ 'hood and the rent is a whopping $800 a month.
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Old 05-27-10, 07:47 AM   #23
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Average price of a sub-1000 sq foot bungalow here is $290,000...and that's in the neighbourhoods where you have a slightly smaller chance of being stabbed.
Oh yeah, in that case, rent. And I wont rub it in by mentioning the selling price of 2200sqft new construction is going for around here these days. Even if I don't, I know someone will pull out the "but then you'd live in that hell hole known as Texas" line. Guess I've all but set them up for it now...
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Old 05-27-10, 08:42 AM   #24
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Originally Posted by Siu Blue Wind View Post
Small houses are going so cheap nowadays. Buy your own!!
This. I bought a small house without a garage for $67,500 and a smaller condo for $79,000. The deals can be found so you will not need to qualify for much anymore.
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Old 05-27-10, 08:43 AM   #25
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My 2100 sq. foot 3 br/2bath/3 living areas/office/wetbar/2 car garage, corner lot, Texas Hell Hole was bought for well under $200K. I live in an older, established neighborhood with rolling hills, 100 year old oaks and pecans, creeks, waterfall, park, country club, fitness center, community theater, grocercy store and restaurants and churches all within walking distance. Proabably have around 90K in equity in 10 years of ownership.
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Phobias are for irrational fears. Fear of junk ripping badgers is perfectly rational. Those things are nasty.
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