Get Your Condo Dream Team
Buying a condominium is actually making two investments. Not only are you investing in the property (condo), but you are also making an investment in the association (business). To avoid making an expensive mistake you should have a Team of professionals to assist you.
Important Team Members:
Lender – Bank or mortgage broker
Real Estate Buyer Agent
Attorney – Knowledgeable about condominiums and their governing documents
Condo Association Inspector (Due Diligence) (Condo-Smart.com)
Once you find a condominium to purchase, your offer should be conditional upon a property inspection, a satisfactory review of the condo documents (due diligence), and the financial health of the condominium association.Share