How To Buy A Condo -

Review meeting minutes for the past 1–2 years to identify upcoming repairs (roof, windows), complaints, or potential lawsuits.

High owner-occupancy (rather than renters) usually indicates better maintained property and makes financing easier. how to buy a condo

Look for a healthy reserve fund (a good rule of thumb is at least 25% of gross income in reserve) to avoid future special assessments. Review meeting minutes for the past 1–2 years