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TOP 10 Questions You Must Ask Before Purchasing A Condominium Unit

Monday, January 29, 2018   /   by Sean Zanganeh

TOP 10 Questions You Must Ask Before Purchasing A Condominium Unit

So you are thinking of buying a condo??? You probably have questions about living, owning, and the rules associated with living in a condominium Unit.

I put together a list of questions that every condo buyer should ask or find out prior to owning.. This is super helpful and if you would like explanations of all of the following, pick up the phone and say hello. I would love to walk you through the process of owning your next condo!

1. What is the monthly condominium fee and what does it pay for?

2. What are the condominium rules & regulations?

3. How much money is in the capital reserve account and how much is funded annually?

4. Are there any contemplated or pending special assessments?

5. Is there a professional management company or is the association self-managed?

6. Is the condominium involved in any pending legal actions?

7. How many units are owner occupied?

8. What is the condominium fee delinquency rate?

9. Do unit owners have exclusive easements or right to use certain common areas such as porches, decks, storage spaces and parking spaces?

10. What Does The Master Insurance Policy Cover?

Call Today and I would be happy to go through the details of the specific condo project you are interested in. Have a Great Day!

Sean Zanganeh

Windermere Exclusive Properties

Realtor Associate & Estate Marketing Specialist

Short Sale & Foreclosure Resource Specialist

O: 858.521.7281
M: 858.229.6063
My San Diego Dream Home
Sean Zanganeh
12750 High Bluff Dr, Suite 300
San Diego, CA 92130
CA DRE# #01851910

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