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How to Buy Your First Condo Without Getting Burned

Well, here I am buying my first condo and cars parked in the parking
boy am I learning alot.First I learned to lot. Are they BMWs or beat up Chevy's
pick a real estate agent I know or at with bullet holes? You don't
least one have to live at the Ritz but you also
who has been recommended. There are so don't want most of the units
many behind the scenes deals to be composed of drug dealers
going on, with some of these realtors, either.Check into the surrounding area.
that you can't tell whether Are you close to a good school?
they actually care if you get a good This should help your property retain
deal or not. Some realtors its value. Also check on the
only work with certain builders or criminal statistics in that area. It may
certain properties. This means look pretty during the day
that there is a whole world of other but what happens at night?Research is
condos out there in your price your best tool. Selling prices of
range that you may not be seeing.Next I sorrounding units and
learned to check the construction. Here properties are public record. See what
in Florida you want the properties around you
a concrete based construction. Many of sold for in the last few months and
these new condos or compare it to the asking price.
apartment to condo conversions use what Are the seller's expectations too high?
seems like pliewood. This Negotiate.Never give full asking price.
is not a great idea in a state full of Here in Orlando, I have heard of
termites and humidity. The houses going for more than the asking
last thing you want is to find mold price. This is nuts! Everyone
growing on your fabulous is acting as if there won't be another
outfits, when you open your closets or house for sale ever. This is
see chunks of your wall ludicrous. Every time I drive down the
missing. Also with the number of street, I see new houses
hurricanes we get down here, the posted for sale and these signs are
concrete based buildings have a much staying up for longer periods. There are
better chance of surviving. motivated sellers out there.See if the
Ask the realtor and the seller what the owners are still in residence. If they
building is made out of. are still living
They are legally required to answer your there, they may not be completely
questions.Also, ask if they have had any motivated to sell. After all they
problems at all with the unit or the are only paying their mortgate, as
building. If usual. On the other hand if the
you don't ask they don't have to tell apartment is vacant and the electricity
you everything. That is where is turned off, they may be
the saying buyer beware comes from. They alot more motivated to sell. They are
have to answer your now paying the mortgage for
questions honestly but anything left an empty condo plus rent or another
unasked is your responsibility mortgage on another property.These are
or for the courts and your lawyers to just a few tips on making sure you get a
battle out.Talk to your future neighbors. first home that
If everyone living there looks you can be proud of and happy in. Happy
depressed or pissed off there may be a Hunting. Christakos is a published author
darned good reason these and a private real estate investor.
units are for sale. Also look at the




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