Real Estate Blog - 10 Questions You and Your Buyers Must Ask Before Purchasing A Condominium Unit

Ran across this well outlined article about what you should ask when buying condos. In particular, item 8 deserves more attention. With our current economic conditions, many condo owners may be hard pressed to pay their condo fees. Some condo associations may have too high of a condo fee delinquency rate to allow you to get a mortage approved. Others may even be in the RED. That is why it is important that you do your due diligence.

If you are a condo owner, it is also important to start making sure that your condominium associations is taking proactive measured to make sure that your association is not in jeopardy.

Real Estate Blog - 10 Questions You and Your Buyers Must Ask Before Purchasing A Condominium Unit