We Buy — Condos

: Your budget must include more than just the mortgage. Account for: Monthly HOA/COA Fees : Typically $200–$800+.

: Request the last three years of financial statements and HOA meeting minutes. Watch for repeated complaints about broken items (deferred maintenance) or lawsuits. we buy condos

: Lenders often reject buildings with too many rentals (investors), ongoing lawsuits, or low occupancy. Seek out FHA-approved communities if using an FHA loan, as many complexes do not qualify. : Your budget must include more than just the mortgage

Standard home inspections often only cover the unit interior. For a condo, you must look at the "big picture." Watch for repeated complaints about broken items (deferred

: Condo financing is stricter than for single-family homes. Lenders evaluate both your credit and the building’s financial health.

: Even without land ownership, you pay real estate taxes. You will need a personal HO-6 insurance policy for your unit's interior.