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what do i need to know before buying a condo

How to search internationally for a home to buy – “They get off a cruise ship for an afternoon and the next you know, they’ve bought a condo. approach to buying overseas is to treat it like getting married, says Cobb. “You need to date the place.

What should you know before buying a condo? – Quora – Condo living is quite popular, but here are somethings you need to know before buying one: Shared Responsibility: One of the features that attract people to live in a condo is that most condominium communities have associations that are responsibl.

Questions To Ask When Buying A Condo – Top Real Estate Agent MA – One of the more essential questions to ask when buying a condo is how much money is contained in the reserve fund. finding out what’s in reserve is important because it establishes the financial health of the association. You want to know if the association has budgeted enough money if an unforeseen expense arises.

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9 Important Questions to Ask When Buying a Condo – You also need to look closely at the Repair Fund. Every condo association must put a certain portion of dues aside for major repairs. If the complex is less than 10 years old, the repair fund should have 10% of the cost to repair major items (i.e. roofs, tennis courts, etc.).

8 Things to Know About Buying a Condo | Bradenton, FL Patch – By Florida law, you have 15 days to review these documents if you are buying a new construction condominium, and 3 days if you are purchasing an existing or resale condominium before deciding.

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What to Know Before Buying a Retirement Condo – Next Avenue – Before purchasing the condo, the Williamses didn't know they should have scrutinized a document called the reserve study, an independent.

Buying Condos By Owner: Need to Know – Condo associations have newsletters, intranets and social gatherings that you can leverage to get the word out about your interest in buying.. Buying Condos By Owner: Need to Know; Check Out the Neighborhood Before Buying a House.

Is a Condo a Good Investment? | Are Condos Smart Investments? – But when it comes to purchasing homes, there's more to consider.. Just keep in mind that very lowly priced condos need to be thoroughly vetted.. They can also be just as restrictive about what you can do to the outside of.

4 Things You Must Know Before Buying A Condo On Maui – 4 Things You Must Know Before Buying A Condo On Maui.. This is OK, because you know that up front and your fees should be lower than some other.

Buying a Condo – What You Need to Know Before Making an Offer – Buying a condo? Here’s the basics you need to know about condo ownership. As the baby-boomer generation nears retirement age, many are weighing the option of selling the family home and buying a condo.