Doing your homework is crucial before you put your signature to paper.Step 6: Do the Research
Before you sign on the dotted line, make sure you find out the nitty-gritty on the community you're considering. Dig into the HOA's books, ask neighbors about their experiences and talk to the real estate agent to see if it's a good fit for you.
Don't forget to research the community's management system. Is it managed by a small, local firm? Or is it a large company that manages several properties in the city or region? What is the grievance procedure? Who is the on-site manager and how well does he or she respond to day-to-day issues?
You really want to know how the community is being managed. The average resident you approach in the hallway, lobby or parking lot should know who is running the community and should feel good about how it's being managed.
The key to purchasing a condo and being happy about it is research.
Buying today is a tricky business. You could be sitting on the best investment of your life or the worst. Dig into the aspects of the property, ask questions online and offline, and you'll be doing yourself a favor and protecting your investment and the place you choose for your lifestyle.via frontdoor.com
Bob Abner (Huff Realty) is a well-respected, top Realtor in the Northern Kentucky/Greater Cincinnati real estate market with vast experience in the real estate industry. For Northern Kentucky Real Estate Listings and Home buying and selling Information visit: http://www.BobAbnerHomePros.com
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