· I Bought a Condo and It Ruined My Life.. what one would call financially disciplined back then-perhaps yet another reason why it wasn’t such a great idea to buy a condo.
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Buying a condo can be an intimidating experience, especially if you are a first-time buyer. Learning a few tips on how to buy a condo can help you approach the process with more confidence, and save you a few bucks in the long run. Do the prep work, plan well, and before long, you’ll be closing on your new condo!
Whether you’re looking to buy a condo along the shore or in one of New Jersey’s many cities, you’ll need to know the proper steps to follow to secure a unit. You’ll begin by getting pre-approved for a loan. Then locate an in-state realtor who specializes in condo sales. view units and make an offer.
· That’s because condos are still selling due to a number of OFWs. However, there’s a growing trend of payment defaults. So if you want to buy condos at discounted prices, don’t go for brand-new ones or units being sold by developers, look for so-called distressed or motivated sellers who will sell their units at lower prices.
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· Buying a condominium unit can be more involved than buying a single family home. This is because you have to worry about both the unit itself and the condominium project as a whole. 10 Questions You Must Ask Before Purchasing A Condominium Unit. To borrow from a famous phrase, not all condominiums are created equally.
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The reality is, most of us need to make some very tough. about paying off the mortgage on your home/condo. In our case,
When buying a condo, it's not enough to find a good location and an affordable price.. Buyers should carefully review the complex's recent board minutes,
Just like when you purchase a typical residential home, you'll need to make sure you have money for a down payment and closing costs when buying a.