🚨 Condo Fees Are Rising—Here’s What You Need to Know!

🚨 If you’re a condo owner or thinking about buying a condo, you need to pay close attention to condo fees and reserve funds. In this video, Michael, broker at The Prior Group and head coach at Revel Realty, breaks down why condo fees are increasing and what you can do to protect yourself.

🏢 Key Topics Covered:

🔹 How inflation is impacting condo reserve funds

🔹 Why maintenance projects (like windows, hallways, and elevators) now cost significantly more

🔹 What to check in a condo’s financials before buying

🔹 How to prepare for potential fee increases

With rising costs, many condo boards may not have enough saved for future projects, leading to higher fees or special assessments. Make sure you’re financially prepared!

📩 Questions about your condo or upcoming fees? Contact Michael or anyone at The Prior Group today! Interested in learning more? Contact Michael 📞: 647-376-7367

🌐 Visit The Prior Group: https://www.thepriorgroup.com/ 👍 Like, Share and Subscribe! Join our community for expert advice, insider tips, and exclusive updates from The Prior Group.

📆 Schedule a Consultation Today! Have questions about the new regulations or need personalized guidance for your real estate journey? Reach out to Michael and his team at The Prior Group.

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