When buying a condo or a town home, there is a lot to consider. Not only do you need to find the right size, the right floor plan, and the right neighborhood, but you also need to find the right condo or town home association, the right parking situation, and the right rules and regulations, along with a number of other things such as a place with the right insulation and construction to keep neighbor noise to a minimum.
Here are just some of the things I help my clients review when they are in the market for a condo or a town home:
- Homeowner Association – rules and regulations, reserves, upcoming assessments, meetings, the Board, delinquencies
- Monthly fees
- Stairs or elevator
- Public spaces versus private spaces
- Rental Cap
- Building Age
- Amenities such as gym, rec room, playground, pool, or community room
- Property Taxes
Ready to begin your condo or town home hunt? Let’s get started!