One of the most important factors when purchasing a condo is 'who is running the show?' A professional management company is preferable, especially in a condo of any size. The Home Owners Association (HOA) often plays a nondescript part in the whole process of buying a condominium. In a small condominium complex it may be run by residents, but in a larger complex it will usually be controlled by a professional management company. Professional management companies do charge for their services, but they often save this fee by obtaining lower quotes for repairs, because they will use the same company many times. There (0 comments)
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