FHA loans for condos can be a tricky one. There are pros and cons to having FHA and/or Veteran's loan approval for condos and the words here alone will not cover it. Firstly, as in all locations, different price ranges can matter significantly for us in Wisconsin as to whether...
Advice – Should I Get Condo or Home Pre-Inspected?
A pre-listing home inspection is a home inspection that is performed by the current owner before they list their property. Essentially, a Seller hires and pays for a professional home inspector (approx $300 - $400 for a 2-3 hour inspection) to provide a written report of the condition of their house (inside and outside) and then makes the...
Possible Benefits of Condo Ownership
– Someone else handles the outside work. One of the biggest draws of condo ownership is freedom from maintenance you might not have the time, desire or ability to tackle — like shoveling snow, mowing the lawn or repairing outside structures. Your monthly condo fees cover these services. – Many...
Is it a good fit?
– Ask about occupancy. If you plan to rent out your condo, make sure it’s allowed under the rules. Likewise, you may want to know if you’ll be sharing space with temporary renters. – Look beyond the unit. Some questions you may want to ask include: Is the building well...