what to know when buying a condo

10 Questions to Ask Before Investing in Condos – Many condo buildings have what are known as "rental caps." This is a limit, set by the condo board or HOA, that restricts the number of condos that can be rented out (vs. owner occupied). As an investor, you’ll want to know for certain that the condo you’re purchasing can in fact be rented. HOAs have more power than you would think.

Buying a condo? What You Need to know – – When you’re ready to buy a home, you’ve got a few decisions to make. Pretty early in your home search process, you’ll need to decide what type of home you want-a single-family house, townhouse, or condo.

Buying a Condo : personalfinance – Reddit – I plan on buying a condo sometime next year, particularly in the state of. I wanted to know what the budget was, where it was allocated, how.

First-timer’s guide to buying a condo – – Resale condo pros. While less expensive, a luxury not afforded when buying a resale condo is the Condominium Act, which grants newly built condo buyers a 10-day period to cancel their purchase. For this reason (and more), it is recommended that those seeking resale condos work with an experienced real estate professional.

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Family members react to police searching their West Chester condo in connection to 4 homicides – They made no arrests. The men said they didn’t know what investigators were looking for, or why they searched their condo, but “will fully cooperate with police with whatever because we want justice.

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10 Things You Need to Know About Buying a Condo in Florida – Are you interested in buying a condo in Orlando, Florida? Before you start shopping or sign the dotted line, make sure you do your research. There are multiple benefits to becoming a condo owner if it suits your lifestyle. 10 Things You Need to Know About Buying a Condo. It’s the perfect compromise between renting and owning.

How a Real Estate Concept From the Middle Ages Can Still Backfire – As a mortgage broker and real estate agent, he said, he should have known better than to buy a quarter-share in a beachfront condo. But like many others before. so they don’t know they’d have to.

Should I Buy a Condo? The Pros and Cons | – Be wary if there are many condos for sale in the building. Unless it’s a brand-new construction looking to welcome the first group of condo owners, you might want to think twice about purchasing in a community with many properties for sale. This could mean that there is a high level of dissatisfaction with the building and living conditions. If.

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