Apologies if this is a dumb question.
I was recently advised by a real estate professional that I should look into getting myself a condo townhouse because they are way more affordable than buying comparable freehold units.
I'm hesitant about them because I've heard of stories where the owners get stuck with a surprise $10k bill when something unexpected comes up, and there's no guarantee that the monthly fees are being spent well. Plus, after a few years it could well end up that the condo is more expensive to live in, once you add up those fees.
So, is it possible to buy a condo (row townhouse, so I'd only be sharing at most 2 walls with a neighbor) and then get out of the condo association, and if so, how would I go about doing that? I realize I'd have to foot the bill if anything happened to the roof, but I'd rather budget for that myself.