Wednesday, 12 April 2017

Buying a Wasaga Beach or Collingwood Condo?

buying a wasaga beach or collingwood condo?

Whether it be location, affordability or maintenance free living many home buyers turn to a condo as their next home purchase. If you are in the market for buying a Wasaga Beach or Collingwood condo check out these tips to get started.

Choosing the right location: Location is probably still the biggest deciding factor when shopping for your next condo. Proximity to work, entertainment or activities are all deciding factors. When buying a Wasaga Beach or Collingwood Condo do your your research and make sure the location fits all your needs.

Budgeting for price and condo fees: Condo's all come with condo fees. These fees include maintenance of the structure and common elements among other things. When shopping around, not only consider the list price of the condo but also the condo fees. Speak to your mortgage Broker and have he/she pre-qualify you for what you can afford taking price and condo fees in consideration.

Parking spaces included: Often overlooked but very important. Find out how many parking spots are included with the condo. Are there restrictions for parking uses such as no commercial vehicles, extra rental fees etc.

Is the condo Pet friendly? Many condo's have pet restrictions. Some won't allow any or only a specified number of pets. Have your Realtor check into this before making any kind of offer.

Lawyer review status certificate:  When submitting your offer always insert a condition to have your lawyer review the status certificate. The purpose of status certificates is to allow potential buyers of condo units to have as much information as possible about their unit as well as the physical and fiscal situation of a building. Certificates also allow prospective owners to find out what the rules are, including whether pets are allowed.

Are you in the market for a condo? I have extensive knowledge in the Wasaga Beach, Collingwood and condo market.


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Coldwell Banker Ronan Realty

Coldwell Banker Ronan Realty
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