I thought this was an important article to share. Condo financing rules are slated to change next month, so that makes things even more difficult for communities with low owner-occupancy rates. Here are some things to consider when you are buying a condo:
Condo Purchases Require Extra Steps
Homebuyers contemplating purchasing a condominium should review a long list of documents and other information to make sure that the property they are considering is a solid buy in this challenging market.
The following information is a the top of the must-consider list: