We Buy Condos May 2026

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

Before touring, you must determine if the building's finances match your own.

: Request the last three years of financial statements and HOA meeting minutes. Watch for repeated complaints about broken items (deferred maintenance) or lawsuits. we buy condos

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

Buying a condo is more than just purchasing a unit; you are buying into a shared financial and legal entity. Unlike a single-family home, your investment's health depends heavily on the collective decisions of your neighbors and the board. : Your budget must include more than just the mortgage

Standard home inspections often only cover the unit interior. For a condo, you must look at the "big picture."

: Even without land ownership, you pay real estate taxes. You will need a personal HO-6 insurance policy for your unit's interior. : Request the last three years of financial

: 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)