To some people, living in a condo can be just the right lifestyle choice. The most common misconception among those who want to take up residence is to believe that only the conventional single-family detached home is ideal. In reality, it is not always the case, especially in big cities. Only condos and apartments are strategically located there. Even if there are detached houses, they are often overpriced.
Here, we’ll discuss four tips on how to get the ideal condo unit.
Identify Your Needs
Do you need to live in the city center? Or do you prefer to be surrounded by parks with lavish vegetation? Or maybe you want both?
Second, identify your personal needs, like whether you want easy access to a gym or swimming pool, or maybe you need a condo with a party room. Also, you may have to check the parking lot. Is it safe enough for your car? The main benefit of living in a condo is that you can have plenty of facilities without having to maintain them personally. All you need is to pay the monthly maintenance bills, and the condo management will keep all the facilities in good shape for you.
Check the Neighborhood
Don’t trust what the ads tell you about the neighborhood. You’d better check it yourself. In fact, if you think it is necessary, you should try spending a night or two near the condo’s location to know exactly if you feel safe staying there or not.
Also, if possible, get acquainted with a resident from the condo and ask them their experience of living there. Try to get information on the rules and regulations because, for these matters, you can’t just trust what’s written on the document.
Investigate the Developer’s History
The thing about living in a condo is that you will be in touch with the building’s developer/management as long as you live there. If any maintenance is required, they are the one in charge. Therefore, your life will be difficult if you trust the wrong developer. And to anticipate this, all you need to do is to browse for the developer’s history and investigate if there were some cases of fraud or negligence.
Consult a Realtor
A realtor can make the entire purchase much quicker because they’ll handle the negotiation and legal stuff for you. But the benefit does not stop there. You should be inquisitive when your realtor shows you your options. Ask about the history of the building and how many sales he/she has made on that particular condo. If you think that the price does not add up, don’t hesitate to request the detailed story of that unit. Don’t get swayed by low prices.
