top 8 questions to ask when buying a condo

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Page 1: Top 8 Questions to ask when buying a condo
Page 2: Top 8 Questions to ask when buying a condo

CONDOS … …are a lot different from HOUSES

While they do represent an excellent way to get into the real estate market, a buyer should ask a lot of questions before buying a condo.

Page 3: Top 8 Questions to ask when buying a condo

Here are the 8 most

important questions

Here are the MOST

IMPORTANT QUESTIONS

8

Page 4: Top 8 Questions to ask when buying a condo
Page 5: Top 8 Questions to ask when buying a condo

How much money is in the reserve fund?

Page 6: Top 8 Questions to ask when buying a condo

Has a reserve fund study been done lately?

Page 7: Top 8 Questions to ask when buying a condo

Are there any Special Assessments coming in

the near future?

Page 8: Top 8 Questions to ask when buying a condo

How many units are owner-occupied vs.

rented out?49% owner-occupied

51% renter occupied

Page 9: Top 8 Questions to ask when buying a condo

How long has this building been a

condominium?

Page 10: Top 8 Questions to ask when buying a condo

Is there a management company

looking after the building?

Page 11: Top 8 Questions to ask when buying a condo

Is the Board

made up of residents

who live in the

building?

Page 12: Top 8 Questions to ask when buying a condo

Contact Info

Bo Kauffmann, REALTOR® 

Remax Performance Realty942 St Mary’s Rd.

Winnipeg, MB R2M 3R5 

Ph: 204-333-2202E: [email protected]

Website: www.blog.winnipeghomefinder.com