If you’ve weighed all the pros and cons and decided that a condo may be right for you, it’s time to think about evaluating the units you’re going to see.
Most of the factors I discussed in relation to single-family homes apply to condos as well. The community in which the home is located, the surrounding neighborhood, the distance from your work — all of these considerations are as important to someone buying a 1,000-square- foot condo as they are to someone buying a 3,000-square-foot Colonial.
Buying a condo, however, is more complicated.
There are more documents to read, more questions to ask, and more details to consider. There are whole books on buying condos and co-ops, and all of them together won’t tell you everything you might ever need to know about the process.
I’m going to cover some of the basics. But again, these are
just the major issues — not the only ones — that condo owners
should consider.
February 08, 2010
