Buying a Condo

Buying a Condo

  • Spencer Hsu
  • 03/2/23

 

πŸ€” Thinking of buying a condo? 🏒 Before you jump in, there are a few things you should know.

When you purchase a condo, you are also buying into the association. πŸ€” Some associations are well-run, but many aren't.

I've seen projects with fees that are too high ❌, common areas and facilities that have been neglected ❌, lawsuits that make it difficult to get financing ❌, and low cash reserves ❌.

All of these factors can impact the value of your investment, so be sure to do your research! πŸ€“

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#realestate #condo #investment #homebuyer

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