Let’s face it…does anyone really enjoy shoveling their driveway full of snow in 15 degree weather? For many people, the idea of maintaining a yard makes them cringe. A Condo is a great turn-key alternative versus a traditional House. There are a few things to consider when seeking a Mortgage on a Condo.
There is a document called a Condo questionnaire that provides information on the financial well-being of the HOA. It’s a good idea to review this document before you make an offer. There is often a small fee that the HOA charges to produce this document, but it’s well worth the cost. I’m happy to have my Condo department review this form for free, prior to purchase.
If you’ve decided to purchase a Condo, please contact me to discuss everything above, and more!
Eagle Home Mortgage