Buying a Condo, which is short of condominium, in many real estate markets may cost you much cheaper than buying a home. The condo is the form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned. Before buying a condo you should know that each condominium community is different and you should find out al conditions and details about the community.
Almost every condo offer on-site dining, playgrounds, exercise rooms including workout machines, spa, tennis court, etc. So when purchasing a condo you should take under consideration your lifestyle and find the best community for you.
In his article “10 tips for buying your first condo” Kyle Hiscock, e-PRO® & REALTOR® at Nothnagle Realtors is giving 10 great tips to use when buying your first condominium. Below you’ll find a few:
- Determine Whether a Condo is the “Right Fit”
- Obtain Financing
- Know What the Association Fees Are
Read the full article here.