So, you're buying a condo. Awesome. There are many benefits to owning a condo. Most of these benefits are things you don't have to do. They include no moe lawnmowers. No painting the outside. No upkeep of the grounds. Of course, there are generally condo association fees that pay for all this, but you don't have the full hassle of dealing with these issues as well as many others.
Of course, there are many things condos have in common with traditional homes. You own everything inside the front door. This will include all appliances from the dishwasher to the furnace. Be sure, as when buying any property, to have a prudent reserve for emergency situations. No one wants to have a furnace die in January and not be able to replace it.
As when buying any home, you should have your condo inspected before purchasing it. Inspections can save you a lot of time and money by telling you in advance what conditions exist inside your home. When buying a condo or loft, you need to take a close look at the condo association finances and that they have enough money to cover any large needs in addition to getting an inspection.
Check out the links below for more information about condominiums, where to find some in Saint Louis, and different uses of condos. Happy home buying!!!
Ins and Outs of owning a Condo
Lofts, Condos, and Townhomes in Saint Louis
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