Before touring, you must determine if the building's finances match your own.
: Condo financing is stricter than for single-family homes. Lenders evaluate both your credit and the building’s financial health. we buy condos
: Review the association's reserve fund study . Ideally, the fund should be at least 70% funded to avoid sudden special assessments. Before touring, you must determine if the building's
: 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