Condos for Sale – How to Choose the Right One for You

Have you ever lived in a condominium unit? If, like me, you grew up in a house with a garden, you probably have no idea what factors and features to consider when looking for condos for sale. Not being aware of key issues that could affect your quality of life, as well as the unit’s resale value, could leave you with a condo that you can’t live in or sell.

What to prepare before reviewing condos for sale

When a person decides to try to buy a condo unit, the first thing they do is check the ads, this is one of the most common mistakes buyers make. Before looking for units, preparations should be made that can make your condo search easier and ultimately more advantageous for you.

Throughout the centuries, people have always said that information is the key and searching for condos for sale is no different. Before visiting different units, hire an experienced real estate agent. He or she will be able to give you invaluable advice and also their services are free since the seller will pay the commission. Another person you need on your side is a lawyer. “Legalize” is a language that not everyone is familiar with and it is always a good idea for us to understand everything we sign, believe me my brothers are lawyers. Next, crunch the numbers and review the mortgage requirements. Being prepared on the financial front will give you a realistic view of what you can and cannot afford.

What to avoid when looking for condos for sale

Unfortunately, not everyone is capable of realizing that small details can make a big difference in the quality of life. Here are some things you may not have thought to consider:

• Stay away from units that face the driveway or where there is vehicular traffic if you value peace and quiet.

• Again, for peace and quiet, do not choose a unit facing or next to an elevator.

• Make sure your suite does not face the area where trash is collected; this is pretty self-explanatory, but it’s a detail most people will miss.

• Make sure that the majority of the occupants of the condominium are owners and not renters.

• Avoid condominium buildings that are not easily accessible by any number of public transportation services. Trust me, you will need service one of these days, even if you have a car.

• Avoid condominium buildings where the neighborhood is not as nice as you would like. The building itself may be top notch, but if the location isn’t up to par, think twice.

• Avoid making a decision before going to the condo several times and at different times of the day and night.

• Remember to chat with the neighbors. You will need inside information about the area and whether you can bear to live next to them.

• Do not commit before you have discussed all monthly fees, maintenance costs, association dues, closing fees and all financial matters. You need to know that you can afford it all without breaking a sweat.

• Don’t buy a suite with a view you can’t live with, no matter what the building’s amenities are.

Happy hunting.

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