We Buy Condos [FHD 2025]

: One-time fees for major repairs like roofs or elevators. Phase 2: Due Diligence & Inspections

: Even without land ownership, you pay real estate taxes. You will need a personal HO-6 insurance policy for your unit's interior. we buy condos

: Request the last three years of financial statements and HOA meeting minutes. Watch for repeated complaints about broken items (deferred maintenance) or lawsuits. : One-time fees for major repairs like roofs or elevators

: Your budget must include more than just the mortgage. Account for: Monthly HOA/COA Fees : Typically $200–$800+. : Request the last three years of financial

Standard home inspections often only cover the unit interior. For a condo, you must look at the "big picture."

Buying a condo is more than just purchasing a unit; you are buying into a shared financial and legal entity. Unlike a single-family home, your investment's health depends heavily on the collective decisions of your neighbors and the board.