what do i need to know before buying a condo

Should You Get a Home Inspection Before Buying a Condo? – We work with a lot of Toronto condo Buyers, and often get asked: Do I need a condo home inspection? Here’s our take. Condo Inspections on Resale Condominiums. The primary purpose of a home inspection is to identify any issues with a property that might affect your decision to buy it or the price you pay for it.

7 Questions to Ask before Buying a Beach Condo – Whether you’re entering retirement, need a great family vacation spot or want to make some cash from rental income, you’re ready to buy a beach condo. While there can be some similarities with buying a home, purchasing a condo certainly requires a few questions you may not come across in home buying.

fannie mae mortgage interest rates Jumbo mortgage – Wikipedia – In the United States, a jumbo mortgage is a mortgage loan that may have high credit quality, but is in an amount above conventional conforming loan limits. This standard is set by the two government-sponsored enterprises, Fannie Mae and Freddie Mac. Traditionally, the interest rates on jumbo mortgages are higher than for.

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.

Want to Buy a Condo in Florida, Here Are a Couple Things You. – want to buy a condo in florida, here are a couple things you should know! guest commentary by Tom Steck, Florida Realtor This question seems to surface in homes north of the Mason-Dixon Line about the middle of February every winter, and although the answer at first would seem to be a simple "yes" or "well, maybe", there are some other.

home loan discount points Once you have these two numbers, you can calculate the discount points on your loan. More specifically, you can figure out when this strategy will work to your advantage. The idea is to pay less in interest over the long-term, by paying extra money up front at the closing (points are basically a form.

Should I Buy a Condo? The Pros and Cons | realtor.com – You’re likely to have less privacy, however, when you’re sharing walls and building access. neighbors might be able to hear your conversations or see when you come and go. Before buying, check to see that the other condo owners are friendly and seem likely to be people with whom you would get along.

In the United States, condos became popular as a more reasonable way to buy a little piece of paradise in places like Florida and Hawaii. If you want to relax at the beach, but cringe at the thought of buying a pricey house down in the sunshine state, condos offer a somewhat less expensive alternative.

6 Things to Consider Before Buying a Condo in Chicago | U.S. – However, with Chicago’s real estate market only growing hotter, condo buyers need to do their due diligence to ensure they’re making a worthwhile investment. According to some of Chicago’s top real estate agents, here are six things to consider before buying a condo in Chicago.

Trump condo prices hit a new high in 2018 – They know Donald Trump doesn’t own" those, she said. In all, 20 Trump units sold in 2018, up from 17 the year before. Sales are not back to. the Swikerts decided to buy a condo at Trump. In June,