– Someone else handles the outside work. One of the biggest draws of condo ownership is freedom from maintenance you might not have the time, desire or ability to tackle — like shoveling snow, mowing the lawn or repairing outside structures. Your monthly condo fees cover these services. – Many...
Selling suggestions…
Have all the rules from your home owners association, covenants, or condo board. There may be limits on parking vehicles outside or who you can sell to and you may have to get pre-approval to do so. It is best to find this out in advance so you can plan for it....
Executive Summary
There is a lot of paperwork to sit and read over when buying a condo. A LOT. It is usually required that an Executive Summary be provided to summarize the declarations, rules, and bylaws of an Association. It helps as a 'Cliff Notes' version of representations about the Association. In...
Possible Perceived Challenges
Buying in to the condo lifestyle may have trade-offs that only you can decide if best – Price. Depending on where you live, the purchase price of condos might exceed that of a freehold property that you find suitable. Moving to a condo doesn’t necessarily mean downsizing to a cheaper home...