09/17/2026
THINKING ABOUT BUYING A CONDO? DON’T JUST FALL IN LOVE WITH THE UNIT.
A beautiful kitchen, updated bathrooms and the perfect location may get your attention—but when buying a condo, you’re buying into more than four walls.
Here are 5 things to consider before making an offer:
1️⃣ HOA FEES — Know what the monthly fee is and, more importantly, what it covers. Landscaping, snow removal, insurance, amenities and utilities can vary considerably from one complex to another.
2️⃣ THE ASSOCIATION’S FINANCES — Ask about the association’s reserves, budget and any recent or upcoming special assessments. A low monthly HOA fee isn't necessarily a bargain if the association isn't adequately prepared for major expenses.
3️⃣ RULES & RESTRICTIONS — Have a pet? Want to rent the unit someday? Planning renovations? Condo associations can have rules covering pets, rentals, parking, exterior changes and much more.
4️⃣ WHAT ARE YOU RESPONSIBLE FOR? — Understand where the association’s responsibility ends and yours begins. Windows, doors, decks, roofs, plumbing and other components aren't handled the same way in every community.
5️⃣ YOUR FINANCING — Getting a mortgage for a condo can involve more than qualifying the buyer. The condominium project itself may also need to meet lender requirements, depending on the type of financing.
▪ BOTTOM LINE:
Don't evaluate only the condo. Evaluate the association and community, too.
The right questions before you buy can help prevent some very expensive surprises after you own it.
Thinking about purchasing a condo? The Via Domus Team of William Raveis Real Estate can help you understand what to look for and guide you through the process from your initial search through closing.
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