Posted by Jeff Smith on 2/26/2018

For many people, nothing beats condo living. As such, the demand for condos continues to grow, and many property buyers are relocating to condos across the nation.

Before you buy a condo, however, it is important to remember that condo living is different from living in a traditional house. Therefore, property buyers who plan accordingly can set realistic expectations for condo living.

How can a property buyer find out what it's like to live in a condo community? Here are three tips to help you prepare for condo living.

1. Learn About Condo Communities in Your Area

Condo communities come in all shapes and sizes, and you should take a close look at the condo communities in your city or town to find out what they're all about.

Even a quick drive through a condo community may prove to be exceedingly valuable. This will enable you to see the size and style of assorted condos, along with the distance between the properties themselves.

After you view a few condo communities, consider what you'd like to find in your ideal residence. This will enable you to compare and contrast your home must-haves versus what condos offer and map out your property search accordingly.

2. Meet with Current and Past Condo Owners

Do any family members or friends who currently live in a condo community? If so, schedule a meet-up with them so they can share their thoughts and views on condo living with you.

Nothing beats firsthand knowledge about condo communities. By meeting with current or past condo residents, you can better understand the pros and cons of condo living.

Be sure to come up with a list of questions before you meet with current or past condo residents as well. Remember, the more you prepare, the better off you'll be as you determine whether condo living is right for you.

3. Collaborate with a Real Estate Agent

A real estate agent has a simple goal: to help you find a residence that you'll be able to enjoy both now and in the future. As a result, this housing market professional can set up condo showings for you, allowing you to find out what it's like to live in a condo community.

In addition, a real estate agent can provide extensive details about what to expect if you decide to purchase a condo. This real estate professional can provide a copy of a condo community's homeowners' association (HOA) rules, inform you about any HOA fees and offer details about community pools and tennis courts that may be available to condo residents.

Perhaps best of all, a real estate agent is happy to offer honest, unbiased condo buying recommendations. He or she can provide you with plenty of information about a broad assortment of condos to help you make an informed purchase decision.

When it comes to browsing condos, don't leave anything to chance. Instead, collaborate with a real estate agent, and you can explore a variety of condos any time you choose.

Posted by Jeff Smith on 8/1/2016

When it comes to searching for a home, there are a lot of factors that you have to consider, especially if you are shopping for condos, as you will be sharing a lot of common space with your neighbors and may be facing high condo fees on top of a mortgage payment. The first thing to look into is the overall community within the block of condos you are considering to make your home. How and who runs the condo association? Is there opportunity to be heard within the association? What are the rules and regulations of the condo and what amenities are taken care of for you? Some condo communities do not allow pets, and so if you are looking for a condo for you and your pets, you need to conduct the proper investigation prior to even seeing any units. Do not fall in love with a condo just to find out your life-long friend, Fluffy, is not welcome within the complex. How comfortable are you interacting with others? If you like to maintain a certain level of privacy and your condo association is heavily focused on community events and interaction, you may wish to look elsewhere. While it can be very beneficial to live in a community, it can at times be stressful if you are not one to follow strenuous rules. For some people, the idea of owning a home means that they have the freedom of choice to do what they want in their property, but there are certainly benefits to condos, as well. One of the most important things to look into when buying a condo is the condo fees. What are they and what will they be down the road? Are they set condo fees, or could they become too costly to pay down the road? One of the pluses of a condo is the little amount of personal responsibility regarding maintenance which is involved, and this can be especially beneficial for older or elderly persons when it comes to having the landscaping and shoveling taken care of for you. Altogether, a condo is a great option for many buyers and you can generally get into a condo for a fair price. Just be sure to educate yourself and do your research before committing to anything, just like you would with a house.

Categories: Uncategorized