Key Pointers on Buying New Condos

A new condo may be your very first home, a vacation home, or a place to live after downsizing from a larger house. The two main questions people have about condominiums are about living in such close proximity to others and understanding the homeowners’ association rules.

Make sure you review all the fine print in the CC&Rs, (codes, covenants and restrictions) which cover everything from whether you can have pets to where you can park your car at night. Talk to people who already live there about the community and what they like and don’t like. Inspect the models for quality throughout (sloppy paint, ill-fitting trim) and ask if the builder had a third party inspection done. If not, talk to the county building inspector to get learn more about the builder’s quality of construction.