what do i need to buy a condo


8 Things to Know Before Buying a Retirement Condo – Most condos are warrantable, but some are not. If the one you want to buy is not warrantable, you may have trouble getting financing for it or may be charged a higher mortgage rate. Watch for these.

Should you buy a condo or a house? Here’s what to consider. – Before I can tell them which one I’d recommend, I need to understand. a house gives you the ability to do so. Many people find it rewarding to buy a home and make it their own. What amenities must.

10 Things You Should Know About Buying a Condo – If this is your area and you want to buy a home, but can’t afford a house with a picket fence and a back yard, condo living may provide a more budget-friendly option. 4. condo buying Still Requires Real Estate Agents. Whenever you shop for a purchase as large as a home or condo, consulting the experts is a must, especially for first-time buyers.

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Pay the toll: Connaught condo owners must pay fee to go through lobby – But who could have foreseen that folks who purchased a condo unit would have. "That’s like buying a house and then.

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Do You Need Homeowner's Insurance if You Own a Condo? – In many ways, buying a condominium offers fewer headaches than owning a single-family home: you don’t need to take care of yard work or snow removal, nor do you have to handle major maintenance issues on the building itself.. However, not everything about condo living is easier. In particular, figuring out how to adequately insure your home is a much more complicated prospect when you own a.

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The amount of a down payment you’ll need will often depend on a host of factors, including some – such as your credit score – that you have some control over. One of the biggest is the make-up of the condo development in which you want to buy.

Questions To Ask When Buying A Condo – Top Real Estate Agent MA – The questions to ask when buying a condo found below are something every buyer should consider when purchasing this type of housing. I would be willing to bet that many of these questions are nothing that many buyers would have ever thought to ask. Purchasing a condominium is much more complicated than buying a house.

How to Buy a Condominium | Sapling.com – Step. Think about how long you’re going to stay in one place. Buying a condo is no different than buying a single-family home–you need to live there at least a couple of years to recoup closing costs, assuming the property will appreciate.

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Be ready for risks if you’re buying a preconstruction condo unit – For many prospective homebuyers who want something brand new, or need more time to save money, preconstruction condominiums.