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What questions should I ask when buying a condo in Boca Raton?
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- THE CONDITION. What is the condition of the building? When is the last time it was inspected for foundational concerns? Ask these questions while ensuring you take time to view from the naked eye and draw your own conclusions about its upkeep.
- COMMON AREAS. Are they well-maintained and attractive? These are what your fees pay for, so you should be seeing and enjoying what you're funding.
- QUANTITY FOR SALE. Is there an alarming quantity of units for sale? Could this be part of a larger problem?
- CONDO FEES. What are the fees necessary to live in this condo unit, and what are they used for? Condos should be transparent at all times with the sourcing and use of funds from its residents.
May 17, 2017 · If you are debating whether to purchase a condo in Boca Raton, Delray Beach, or another South Florida location, consider the following 13 questions to guide your search.
- Garrett Callahan
- Does your condo qualify for the type of financing you need? It’s imperative to find out right off the bat if your condo qualifies for the type of financing you need, according to Colorado real estate agent Robert Hryniewich.
- What are the HOA fees? It’s also best to know early on what extra money you’ll have to budget for on top of your mortgage. Most HOAs require a monthly fee, ranging from a couple of hundred dollars to over $1,000, in order to cover communal expenses.
- What do the HOA fees cover? Of course, this will vary between every association, but, generally, HOA fees will cover: Utilities in the common areas. Building maintenance.
- What are the association rules? No one wants to settle into your new condo unit only to find out you can’t hang all of your cherished Christmas decorations up.
May 2, 2024 · The Florida coastline is filled with condominiums offering affordable waterfront housing with all sorts of fantastic amenities. Let’s explore what a condominium is, what are its advantages and disadvantages, and the things you need to consider before buying a condo in Florida.
If you are debating whether to purchase a condo in Boca Raton, Delray Beach, or another South Florida location, consider the following 13 questions to guide your search. Questions to ask yourself: 1) Do I like living close to other people? One of the biggest differences in condo living is your proximity to your neighbors.
What kinds of questions should condo owners, likely with little knowledge of building construction, be asking now? Ask about the age of your building, when the last inspection was and what kinds of repair work are planned in the near future, said Boca Raton, Fla., attorney Peter Sachs, who is certified in condominium and planned development law ...
Mar 29, 2023 · Check out our comprehensive guide on the top 20 questions to ask before buying a condo. From fees and amenities to insurance and regulations, this article covers everything you need to know to make an informed decision buying in West Palm Beach, Delray Beach, Boca Raton, or Highland Beach, FL Don't make a big investment without reading this ...