Buying a condo: tips & advice

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This topic contains 7 replies, has 2 voices, and was last updated by  bonjour 5 months, 3 weeks ago.

Buying a condo: tips & advice

  • happydays
    Topics: 1
    Replies: 6

    I want to buy a condo in the next few months. It will be my first home investment. While I am excited, I am also a little nervous. After all, it is a big investment, so I don’t want to have any regrets after my purchase.

    Any tips & advice?

    whimsical
    Topics: 1
    Replies: 12

    I totally understand where you are coming from. I was nervous as hell when I bought my first house. This is something difficult to have experience in, especially since most people may only buy a house/condo once or twice in their life (unless you’re filthy rich!)

    angelfish
    Topics: 0
    Replies: 8

    Instead of asking us, you’re better off asking a real estate agent for help. They do this for a living and will help you with so many things from start to finish. Think about it; what the hell do you or I know about stuff like this?

    When I bought my condo, I asked my real estate agent Reza Afshar for help and it made all the difference. I got a lot of helpful advice, secured a GREAT deal, and eventually closed in on a condo that I’m still living to this day.

    Mulan
    Topics: 0
    Replies: 5

    When you’re buying a condo, try to look at the floor measurements and get a clear understanding of it. This can sometimes be confusing. Make sure you know what your unit’s boundaries are and if it is reasonable enough for you.

    Jollybird
    Topics: 1
    Replies: 6

    You should find out if your building and your unit will be accessible to someone with mobility issues. I suppose this may not be the highest priority for most people, but it’s still good to know!

    mysterylady
    Topics: 2
    Replies: 12

    You should find out if there are any plans to lower the ceiling height. Builders may not have decided on ductwork and other electrical services.

    This will affect you when it comes to where you have furniture placed, or the location of lighting fixtures. Don’t expect them to tell you. You better make sure you ask them, just to be safe.

    Not only might it affect the location of your other fixtures and decorations, but it will also change the aesthetics of your unit.

    twilight
    Topics: 2
    Replies: 11

    You better find out where they intend to place any air conditioning and heating fixtures, or anything else for that matter. This can change the perceived space and the look of your place.

    bonjour
    Topics: 1
    Replies: 9

    Others here are right. You need to ask the real estate developers a lot of questions. For example, will they be doing anything to reduce noise between units? When you live next door or below someone, there are always one or two inconsiderate neighbours who are a constant source of pain.

    Ask questions on heating, cooling and ventilation. Basically, ask any relevant questions that affect you directly. You must be crystal clear regarding what is included in the price you are paying and what is not.

    Amenities, pools, parking spots or any other additional charges apart from the unit price should all be things you should question.

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