The difference between a condominium and an apartment is that you actually own the building and everything inside. As such, it behooves you to make sure that you protect yourself from buyer’s remorse. From midtown condos with river views, to landlocked townhouses close to a golf course, you should always scrutinize every inch of the condo you’re looking at to find the right one for you.
Type and Structure
What exactly are you looking for in a condo? There’s the newer models with better plumbing and wiring, but thinner walls. Meanwhile the older versions have inferior plumbing and wiring but thicker walls for added privacy. Townhouses tend to be fancier, but also pressed up against other townhouses, while detached houses give you your own space, but fewer amenities and more of a walk if you actually want to visit your neighbors. The list goes on, each version with its own pros and cons, so you should look over all of them and make sure you know what type of condo you want. Once you know that much, you can proceed.
Financial Considerations
When looking for a condo, if you aren’t amazing with money, it would probably be best to hire a real estate agent to help you with this part. The quality of the condo doesn’t matter much if you can’t afford it, after all. The agent can negotiate the right deals, get in touch with different sellers you may have missed, and will ultimately land you a better deal than you would have on your own if you aren’t an expert at this already.
Overall Quality
Even when you’ve found a condo you like to the point of going to tour it, do not lose sight. Scrutinize every inch of the building to make sure nothing is out of place. Ask the landlord about recent repairs, the quality of the appliances, recent break-ins etc. and anything else you feel you need to be privy to.
Condominiums are an attractive prospect due to the fact that the house is actually yours to own, unlike apartments. However, that does not make them any less of a process to purchase, as, if anything, it actually makes it more complicated. But through remembering and applying the tips listed above, you can find the right condo for you. For more information, visit 252 East 57th.
