More and more condos are being built, and not just in the big cities. (knocking on wood) We are living longer and asking questions about our health and home that our parents and grandparents likely did not think about. And everyone is different. You’ll meet all kinds of people at...
Is it a good fit?
– Ask about occupancy. If you plan to rent out your condo, make sure it’s allowed under the rules. Likewise, you may want to know if you’ll be sharing space with temporary renters. – Look beyond the unit. Some questions you may want to ask include: Is the building well...
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...