Condos | Prime Homes Network

Guide for First-Time Condo Buyers

And once one can afford one, making the decision on the right unit to buy can be challenging. What are the essential facts that one is supposed to consider when purchasing a condo unit? This is the question that many new buyers want to know. But before you get to this point, it is important that you consider your lifestyle and financial capabilities. In this article, optimistic buyers will get to know what they need to consider before going shopping for that dream unit.

Finances

Without sufficient capital owning a unit will only remain a dream. Therefore, you need to look at your finances. But here is a little secret, if you have some money set aside, you can ask for financial support from lending institutions. And did you know that you can up to 90% financing for that unit that you have been dreaming of? All you need is a good credit report, and proof of the ability to repay and you will be in that condo quicker than you imagined.

Neighborhood

Now that financing is out of the way, what you need to consider next is the neighborhood. You do not want to live in a crime-infested and poorly planned area. An excellent location should be well lit at night, and the police should be a phone call away.

Amenities

Once your finances are in order, and your security guaranteed, next is to look for both the basic and the fun facilities. To have both, you need to find a condo that is located in an area where you can access quality amenities. Good roads, fantastic hotels, and shopping malls should be on top of your list. However, you should not forget other essential facilities like hospitals and schools.

The Future

You do not have to be an investor to start thinking about the future. This is an ever-changing world, and you also need to consider the future when looking for a condo to buy. As a smart person, you should take time and imagine what the location you are going to purchase a home will look like a few years from now. If the future is promising, you should not hesitate once you find an excellent unit.

Developer

Of course, in a growing city, you will find many developers all showcasing their fantastic developments. To make the decision on who to buy from easier, you should consider experience.…

Tips for Choosing a Condo

When it comes to buying a place to live in, there are several choices that you can opt for. Your standard houses are a go-to. However, the prices of homes have skyrocketed, especially at locations that are in high demand. You can also opt for unconventional housing, like tiny houses, boat houses, and others. However, the permits can be tricky sometimes.

One of the most in-demand types of real estate is the condo. Different from an apartment, a condo is a place which you can own. Condos, like my square one condo and others, are great because they are available near areas that are in high demand, like business districts, parks, and even beaches.

When it comes to condos, there are many choices that you can choose from. In this article, we are going to dive deeper on how you can select the best condo for you. This article is filled with several tips that you can consider when you are looking for the right condo. Here are some considerations that you need to keep in mind when you are choosing a condo that is right for you:

Location

The most vital thing that you need to consider when you are buying real estate is the location of the property. The place where it is located can truly make or break the value. Keep in mind that the areas that are more in-demand can be very high in price.

When looking for a location, you need to choose a place where it is most convenient for you. Choose a place that is near your workplace. Select an area that is up to your preference. Remember that the location will also affect the view that you see through your windows.

Amenities and Facilities

Other things that you need to ask before you purchase a condo are the amenities and the facilities that come with the condo. When you are buying a condo, not only are you acquiring the unit, but you are also purchasing the facilities that go with it. You should check whether or not they have parking privileges, security, cleaning services, a lift, a pool, air conditioning, and others.

Floor Plan

You should also consider the floor plan of the unit that you are interested in. The most crucial consideration that you need to keep in mind is the size of the unit. You should also check how many bedrooms, bathrooms, kitchens, that they have. You should also inspect whether or not they have a walk-in closet, a balcony, a spacious living area, or an open floor plan.…

Tips on buying a condo

Buying a condo is a common feature in most cities. Condos are coming up in major cities as an alternative method of accommodation. If you are planning to buy a condo shortly, then Time and space Condos will give you what you are looking for. Before you sign that cheque and finally buy your condo, there are various factors that you should check. This will make sure that you buy the right condo for you. It is not every condo that is similar, so you need to put different aspects into consideration.

How to buy a condo

Type of condo

There are many types of condos, and this will determine the condo that you buy. Some condos are meant for single working people while others are meant for a family setting. Before you buy a condo, you need to determine your needs to avoid buying the wrong type of condo.

Look at the amenities

Buying a condo might be different from buying a single house unit, but there are still some things that do not change. For instance, you need to determine if the condo will be right for you regarding amenities. If you are looking for additional amenities, then look for one that will offer what you need. Traditionally, most of the condos come with gym and a swimming pool. If these amenities are important to your daily lifestyle, then you need to make sure that they are there before you make the purchase.

Read the contract

Before you buy a condo, you need to make sure that you read the contract carefully. For condo living, most of the amenities are controlled by the management, and you need to be comfortable with their terms. If you are not comfortable with what is offered in the contract, then your stay in the condo will be very unpleasant. The contract also governs the interaction with the neighbors keeping in mind that condo living offers a community way of living.

Determine the service charge

Once you buy a condo, that is not the end of it; you still have some fee to take care of the amenities. The fee will be used for aspects of gardening, cleaning and also security. The amount that you should pay is usually included in the contract so you should determine if it is affordable for you.…