Dale Bohannon - REALTOR - eXp Realty

KEY QUESTIONS TO ASK WHEN BUYING A CONDO


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BUYING A CONDO -  QUESTIONS TO ASK: Condo sales are picking up steam across the Bay Area.  I've recently had condominium listings in South Tampa and Channelside. And I've competed in bidding wars for condos in Ybor City, Bayshore, and New Tampa. While condo association fees are always a factor in a purchase decision, here are some other questions to consider that will impact financing and lifestyle:

  1. Are there any pending lawsuits against the association?
  2. Does the association have the required reserves?
  3. How many units are rented to non-owners?
  4. What are the rental restrictions and pet restrictions?
  5. How many parking spaces are alloted and how does guest parking work?

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