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What To Look For When Buying A Condo

What Should I Look for When Buying a Condo? – Ottawa – What Should I Look For in a Condo? Thursday, January 26, 2017 For some people, condos make a good investment.First time home buyers, downsizers, singles, and parents of university students often find that condos make sensible real estate purchases.

Buying a Condo: Questions to Ask Before You Make the Plunge. – Buying a condo can eliminate a slew of the stresses that come with homeownership. The units usually cost less than a traditional home, and the shared maintenance will see you kicking back while.

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.

9 Important Questions to Ask When Buying a Condo – And remember, condo association fees are not tax-deductible like your mortgage is. 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%.

What you need to know before, and after, buying a condo – The. – When buying a condo, you suggest starting with a low offer, say 75 per cent of asking. Won’t that just insult the seller? Is it better to try and get a chance of a better price on a condo, or.

Buying a Condo? What to Look for in the Condo Documents – When exploring condo options it is a good idea to keep in mind that your investment is not only in the condo unit you are purchasing but also in the condo association. In our area, purchasers will receive detailed information on the condo association in the form of a resale package, which is also known as the condo documents.

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Five traps to avoid when buying a condo – The Globe and Mail – Traps to avoid when buying condos Beyond examining the core filters, it is critical to understand common traps in the market. These simple mistakes can mean the difference between a great investor.

10 Tips for Buying Your First Condo – – Here are 10 tips to use when buying your first condo! For example, a condo with a monthly association fee of $400 could increase to $500 for a year to cover the expense of a roof replacement. Any planned special assessments should be provided to a potential purchaser with full disclosure.

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