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Condo Buying Tips!!!

June 22, 2009 Condominium, REAL ESTATE, Toronto No Comments

buyers

When buying a condominium whether its your first time or not there are some things you really should consider to assure your making a good buying decision.

1. Try to choose a nice exposure, looking into another building is not the greatest re-sale selling feature.

2. Don’t have a car but the condo comes with a parking spot? Rent it out and earn an extra little income.

3.Avoid units that overlook the garbage area, its tends to smell in the summer and can be very noisy

4. Try to purhcase the largest suite you can afford, studios and small one bedrooms are sometimes hard to sell

5. Keep a mental note of the conditions and aroma’s of the hallways, lobby and common areas

6. Try to visit the suites twice before you put in an offer, make sure you get that feeling when you walk in!

Get in contact with an agent, and keep these pointers in mind when your out looking at properties. You also have to look at the potential re-sale aspect when out searching because the reality is you will not live there forever! its a stepping stone to bigger better things.

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