Living in a condo/townhouse sucks. I'm glad for the anonymity of this blog because I can say what I really think. We bought this townhouse because we were tired of condo living and this was the next step up. We could not afford a single family home anywhere near the city, and this was a compromise.
But anyway, we need to repair the retaining wall holding up the parking pad of our townhouse. We don't park there, the neighbors do, but it's association business. The problem is that everyone has different financial situations and different ideas about how to handle this project. So tomorrow night we are meeting to discuss two different options and the costs. Also we need to decide when should people pay. This will not be a pretty discussion.
A second topic under discussion is the fact DH and I flooded the lower unit with a pipe burst in January. We were gone to my grandfather's funeral and though the heat was on, it got really cold and a pipe burst. So we submitted it to insurance and turns out instead of our personal insurance being charged, the master condo insurance is having to take the claim because of our condo by-laws. Yep it won't be on our record so when we move we'll be claim free. Also we only pay 40% of the deductible instead of the entire thing, not exactly fair, but I'm not sure what we'll end up doing. So another issue to argue about tomorrow.
Third we have to discuss the fees for our 3 home association. Part of the problem is one of the tenants hasn't paid his dues since August. This confrontation about paying it will again be horrible. Arm-twisting someone for money is never fun.
All these issues combined along with many other issues have caused us to hate living in our townhouse. This is the 5th year we've lived in a townhouse/condo and we're ready for a single family home. Of course that probably is another 3-5 years out from now so we'll have to deal until them.
My advice live somewhere cheap, such that you can afford a single family home. We have lived in 2 out of the 5 most expensive RE markets in the US and it's not fun. But hopefully we're on track to get into a single family because we're building equity by paying down the mortgage and slow appreciation.