how do i buy a condo

The most expensive condos for sale right now in Montreal do not appear in a Centris search. Seasons hotel now under construction on de la Montagne St. won’t just be buying a beautiful home in a.

Homebuyers eager to score a deal on a condo often flock to distress sales, such as foreclosures. A bank may repossess a condo when the homeowner defaults on the mortgage. The bank then sells the foreclosure to recoup losses, often resulting in savings to the buyer. Buying a foreclosed condo has potential pitfalls,

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Buy a house, condo or town house as your first home? erica lamberg.. "If the condo building needs to do any major repairs that cannot be covered by the reserve fund, they will charge each.

Arlington VA real estate agent and Realtor Matt Leighton talks about 5 mistakes people are making when buying a condo. Subscribe for more real estate videos.

In many ways, purchasing a retirement condo is much different than buying a house.

Don’t get stuck with a difficult-to-sell condo By: Amy Fontinelle, August 27th 2018.. So buying with an eye on resale potential is critical for anyone in the condo market. Just because the condo meets your needs doesn’t mean it will be easy to sell when the time comes.

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 the long run.

 · If you buy a new condo from floor plans, you could be on the hook for two months’ worth of maintenance fees, plus occupancy fees until the building is registered, depending on your province.

He said his father, a Baptist minister, lent him money to buy a triplex while he was in college decades ago. That helped him get started in real estate, and now he wants to do the same for condo.

While regular homeowners insurance covers damages to the home and contents, condo insurance, also known as HO6 insurance, covers property damage and liability risks for condo owners inside the condo only. When looking to buy condo insurance, review your condo association policy first. Notice the level of protection your condo association offers.

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