Things to think about when you buy your Condo

Have you found the home of your dreams?  Before you sign on the dotted line, here are a few things to consider.

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One of the best ways to protect your Condominium Investment is to join the Board of Directors. This position is often overlooked and is of extreme importance. The Condominium Manager takes direction from the Board. Condos have different declarations, rules etc. Generally Boards set the budget which is ratified at a AGM meeting. Unit owners are often not aware of the power a Board has and how much discretion they use.

Often Boards  seem to have experience however they can lack common sense. I  have seen Boards spend money on ” flower bed Maintenance ,  (more…)

Condo living is very different from typical home ownership. You’ll need to consider the various advantages and disadvantages to determine whether or not condominium living is for you. It’s important to also take your personality type into account as well as your daily living preferences. (more…)

One area of specialty is I had the opportunity to successfully manage Condominiums for a few years. I learned a great deal and it has complimented my Real Estate Business. I focus my marketing on Condominiums. I have been active in  Real Estate for 8 years and pride myself on my referral business that has grown consistently over the years. If you require information on Status Certificates, Rules and regulations and what type of Condominium would be best suited for you feel free to contact me.  Whether I sell you a house or a condo, one thing for sure is your phone call is always returned

It is important to make sure your lawyer and client when buying a Condo does not  bypass the rules and regulations section.  It amazes me  how people only focus on the financial stability of a condo , when sometimes a solicitor ignors the rules sections that could effect the use and enjoyment of the home.

As a former Condo Manager I thought it would be great to start my blog with this friendly tip of the day !!

” always read all the rules and regulations of a Condominum that you buy” Seems obvious but a necessary footnote   www.carlstars.com