First, this is a tragedy all around, especially if death of residents and firefighter is confirmed.
But, this is a consideration you have to make when considering buying a condo. A fire in one unit can destroy several units, and several families could lose everything they own. Cars in lot could also be destoyed. If you're renting a condo, and you didn't get renters insurance, what would you do if you arrived home to see this? These condos were built in 1980, so you would expect them to have proper fire protection, but maybe not sprinkler systems. Hopefully everyone got out alive, but that's doubtful at this point.
Buying a condo is a different lifestyle than buying a townhouse or single family detached home. Evaluate before you buy.
Check those smoke alarms. Consider keeping your valuables and important papers in a safe deposit box, or invest in a fireproof safe. Have a escape plan in place in case of fire.
Jeff Pearl / Lic in VA
Remax Distinctive - Reston VA
Homes / Land / Farms / Historic
Equal Housing Opportunity Provider