A condo is a large investment, and you would want to make sure that you choose the right one. Looking for a condo can be a long process. Nevertheless, you still have to make sure that you’ve done everything carefully and without a rush. Here is some guidance on how to look for a condo.
Figure out your numbers
Because figuring out your finances is not a simple thing to do, it would be easier if you hire a professional to do it. You wouldn’t want to end up with a mortgage you can’t afford, take it slow and start your condo search journey with the right step. The right budgeting would let you determine the type of condo based on what you can afford. Whether it will be new, old, in a particular location, and so on.
Location and view
After knowing your numbers, and going on the hunt. Try to pick a location that is closer either to the workplace, school, or at least near the public transportation. A nearby supermarket and would be convenient as well. Considering an excellent location will be useful in your daily life, and it will add more value to your condo if there is a plan to sell it in the future. Check out Twin Vew as an example of a good investment.
Security and neighborhood
Both of these factors are essential. Take notes on how the security works in the condo and make your own judgment upon it. Another thing you can do is to talk with neighbors and people’s opinions on the area. Also, speak with the security and ask as many questions as possible. If you’re not the type of person that’s attentive to details, ask someone to accompany and ask the questions for you. Visit the condo at least three times for you to get more familiar with the area.
Rules and parking space
Sometimes, it is only after people moved in that they realized there are some rules that they are not happy with. When pets are not allowed, drilling and putting rack or shelf as well, numbers of people living in it, and many more. To avoid this, pay attention to the rules and be patient in the process of looking for a condo because rushing things will only lead you into unwanted situations. Even when you don’t own a car, it’s always useful to know the parking situation in case in the future you will purchase one.