Checklist to Condo Buying:

Here are ten starter questions for you when you enter into the condo buying market:

What are the monthly condo fees and what do those fees cover?

What restrictions/rules/regulations on the condo?

How much is in capital reserves and how much gets funded each year?

Are there any contemplated/pending special assessments?

Is it professionally or self managed association?

Are there any on-going legal waves going on with the condo?

How many units are lived in by owners v. renters?

What is the condo fee delinquency rate?

Is there standing ownership over common areas?

What does the master insurance policy cover?

Read more: http://consumerist.com/2010/06/10-things-to-know-before-buying-a-condo.html

 

Hart Real Estate Solutions

www.hart.realtor

406.585.0000

Hart Real Estate Solutions Bozeman Montana


  

 

Comment balloon 0 commentsHart Real Estate Solutions • May 22 2012 12:54PM
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