What You Should Know When Buying A Condo
Buying a condo unit comes with different considerations than buying a house. Alwington knows condos, and we want to share with you everything we know about how to make the right decisions when you’re looking for your next housing investment.
Contents:
SHOULD I BUY A HOUSE OR A CONDO?
Every person has different living requirements, and they often vary throughout someone’s lifetime. Some people are better suited to owning a house, but for some, a condo is the perfect answer. Depending on budget, pets, location, or size, you may find yourself drawn to a different option. Following this guide, you can have a thorough look at what each option offers and decide which best fits your lifestyle, regardless of whether it’s your first home or the place you plan to retire.
HOW DO I FIND THE RIGHT CONDO FOR ME?
The first step in finding the right place for you is figuring out exactly what your lifestyle requires from a home. Location, maintenance, amenities, and of course, budget, are all big factors into what condo will work best for you. These 6 tips will help you narrow down what it is you’re looking for to make sure you can choose the condo that’s right for you.
WHAT SHOULD I AVOID WHEN BUYING A CONDO?
Buying property is a big investment, and it’s important to be careful before making a purchase! Some things look better on paper, and some things are hidden in the fine print. Let us tell you what to look for when you’re making the big decision to make sure you avoid these 5 common traps when you buy your next condo.
WHAT SHOULD I KNOW WHEN BUYING MY FIRST CONDO?
It’s finally time to spread your wings, but there are a few things you should know before making the big jump into condo ownership. It’s important for a first-time buyer to take it slow and make sure you’ve considered all your options before signing. This guide takes you through the top 5 things you should take into consideration when you’re looking to purchase your very first condo to make sure you can find the perfect home.
WHAT IS A STATUS CERTIFICATE AND WHY IS IT IMPORTANT?
When purchasing a unit in a condominium corporation, there are many elements to be considered that do not apply to a single freehold home. A Status Certificate, regulated under the Condominium Act, is a document that compiles the information about your unit, building, and corporation, in order to provide owns and potential purchasers with a complete view of the status and processes of their condo. This guide breaks down everything you need to know as a Condo Owner about why and how to read a Status Certificate.
