Buying a condo versus buying a house #1: Condos come with their own set of fees and rules. Fact #1: When you buy a condo, monthly maintenance fees are required to pay for upkeep of common areas and amenities. Fact #2: Your condo association can set rules, including the type of pet you can own and whether you are allowed to rent out your unit.
A lot goes into buying a condo, or any other piece of property for that matter. First, there’s figuring out what you can afford and when you would like to move in. Then, there’s choosing a realtor to help narrow down your search. Finally, with each condo you see, you need to know what questions to ask.
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Tips for Buying a Condo in Gulf Shores and Orange Beach. – Tip: If you’re buying a condo as an investment to capture a piece of the massive tourism market in Gulf Shores and Orange Beach, have your Realtor get you the current rental history for the condo or the building. Virtually all of the condo communities at the beach have some kind of current rental history that you are able to see.
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Never rush into buying a condo unit – These rules, explained in detail in subsequent articles, address the most important things to watch out for before buying a condo unit: 10 golden rules of condo buying follow the links below for tips.
Tips to Buy a Condo. Before buying a condo, it’s important to understand the different types of condo ownership, what to look for when buying a condo, and how buying a condo is different from buying a home. Evaluate if a condo is right for you. When you live in a condo, you will likely share at least one wall with a neighbor; and for some.
How to Buy a Condo (with Pictures) – wikiHow – How to Buy a Condo. Buying a condo can be an intimidating experience, especially if you are a first-time buyer. Learning a few tips on how to buy a condo can help you approach the process with more confidence, and save you a few bucks in.
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