We Buy Condos May 2026

: Your budget must include more than just the mortgage. Account for: Monthly HOA/COA Fees : Typically $200–$800+.

: Review the association's reserve fund study . Ideally, the fund should be at least 70% funded to avoid sudden special assessments. we buy condos

: Hire an inspector who specializes in condos. Ensure they check electrical, plumbing, and shared systems like elevators or roofs if possible. Phase 3: Lifestyle & Rules (CC&Rs) : Your budget must include more than just the mortgage

Before touring, you must determine if the building's finances match your own. Ideally, the fund should be at least 70%

How to Buy a Condo: Ultimate Guide for Buyers - The Hollinden Team

: Lenders often reject buildings with too many rentals (investors), ongoing lawsuits, or low occupancy. Seek out FHA-approved communities if using an FHA loan, as many complexes do not qualify.