Consider the risks, and if you decide to proceed, condos, in particular. Use agents who live and work in the area or community where you’re looking to buy, and who speak Spanish and can advise on.
Do you plan to manage the condo yourself or hire a management company? With more that 10 years in the property management business, I can say that dealing with tenants is not always easy (no matter how much pre-screening you do) and they usually have very high expectations of their dwellings, especially in markets where rents are on the rise.
How to Buy a Condo (It’s Different From Buying a House) Consider your unit’s surroundings. While the condo unit itself is a key consideration, Check out the condo association. When you buy a condo, you’re buying into. Secure financing. In some cases, it can be trickier to secure a mortgage.
Developer 4Site Real Estate is taking heat for the choice of name for a recently completed condo project in East Hollywood ..
How to Buy Your First Condo Calculate the monthly mortgage payment you can afford. Make a list of several condominium complexes in the area where you wish to live. Contact the sales office for each complex or use a real estate agent to obtain. Visit the remaining complexes on your list and tour.
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Condo Buying Still requires real estate agents Whenever you shop for a purchase as large as a home or condo, consulting the experts is a must, especially for first-time buyers. Finding a real estate agent who has experience in matching condo sellers with condo buyers can mean the difference between a long and frustrating process and a.
Buying a condo allows you to wade into homeownership without plunging into the responsibilities of a single-family home. Before you buy a condo, ask the right questions to avoid making a mistake.
Buying & Selling Condos or Co-ops By Ilona Bray , J.D., University of Washington Law School Whether you’re buying or selling a condo or co-op, you’ll have to do your research and take into account factors that you wouldn’t have in a "normal" home-sale transaction.
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