| Over the past few years condos have | | | | be able to find a complex where the |
| become one of the most popular forms of | | | | management does. Also it is good to find |
| housing in most major cities. With such | | | | out about the resident's association and |
| an astounding variety of condo styles it | | | | any rules or guidelines that they have |
| is easy to say that most everyone can | | | | set out for the complex. Some of those |
| find a condo that suits them. However | | | | rules may not be to your liking so take |
| there are a particular set of concerns | | | | the time to investigate before you buy. |
| and things to watch for when buying a | | | | Don't forget to find out what the |
| condo that are quite different than | | | | monthly condo fees are either, this is |
| those associated with purchasing a | | | | an important expense and one that you |
| single family home. Remember that a | | | | should be aware of up-front. |
| condo is a communal or apartment style | | | | A major thing to consider is the |
| living situation where neighbors will be | | | | neighbors who will be living with you. |
| in close proximity at all times so if | | | | Is the complex mostly owners or renters? |
| that bothers you, you may want to | | | | Naturally owners will respect their |
| consider something else. | | | | units more and have more pride in them |
| One of the first things that any | | | | than renters do. In fact, many complexes |
| prospective condo buyer should consider | | | | have strict regulations regarding rental |
| is how the complex in question is | | | | of units. Some popular vacation areas |
| managed. Usually there are two entities | | | | also have a thriving vacation rental |
| that one must deal with when living in a | | | | market so if new neighbors on a weekly |
| condo. There is the condo management and | | | | basis aren't your cup of tea then it |
| then there is the residents council or | | | | would be wise to move on. |
| association. Take some time to research | | | | As with any real estate purchase it is |
| any management company before buying. | | | | unwise to jump into anything. Research |
| Some are better than others and some | | | | is one of the most important steps in |
| are; well.... It is important to know | | | | the process and if you have no idea |
| how a building is run before buying, if | | | | about where to start then consult with |
| the current management is not doing | | | | your real estate agent for guidance. |
| their job and fulfilling their | | | | After all, they are professionals! |
| responsibilities then you should easily | | | | |