Buying Highlands NC Real Estate, Condo Documents Important
Meadows Mountain Realty, Highlands NC real estate
When it comes to buying Highlands NC real estate and, in particular, buying a condo, reviewing the condo documents is very important. Every HOA has its own rules and regulations. As a result, every buyer should educate himself. Ultimately, knowing the specific rules and regulations can help a buyer avoid a surprise. Are you considering buying a Highlands NC condo for sale? Make sure your REALTOR gets all of the documents associated with the unit and take the time to read them all.
What is included with your association dues?
Condo association documents touch on the responsibilities of the association as well as responsibilities of the owner. One of the draws of buying a condo is that you expect common areas to be maintained by the association. Yet, it always a good idea to ensure this is the case. Your Highlands NC REALTOR will be able to help get answers to any questions you may have.
Financials are important!
Reviewing the finances of the condo association is a very important piece of your document review. Furthermore, the last thing a buyer wants is to purchase a condo in an association that is in dire straights. Additionally, make sure you understand what large projects, like a roof replacement, may be on the horizon. Large projects often include a special assessment.
Learn more about buying Highlands NC real estate
Contact our team at Berkshire Hathaway HomeServices Meadows Mountain Realty today to learn more about buying real estate in Highlands NC. We welcome the opportunity to update you on market conditions while helping you navigate the choice between a condo and a single family home. Let our knowledge and experience serve as your guide to buying Highlands NC real estate.
Click here to read “Apathy And The Condo Owner” from Realty Times.
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