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Anyone Brought a condo? How did it go? email this discussion to a friend?

stratz (42)   ranked 6,476 out of 32,643 in mylot.com3 years ago

Hey guys I have jsut brougt a condo and was wondering if anyone else out there has brought one before and how did the process go for you and how was the move in?

 
 
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tags:  new home
 
1. myLot reputation of 93/100. RobinJ (2017)   ranked 1,014 out of 32,643 in mylot.com   3 years ago

I bought my condo in 1997, and I love it, but you have to make sure you are familiar of the strata bylaws and rules and regulations. Just because that is "your home" you have to remember that you also share the same home with how many other suites there are in your building. There is no landlord to go and complain to if the people upstairs party untill 5am every weekend.but your strata will have rules about people that party untill 5am. So learn and follow the rules and bylaws and enjoy you new home.


stratz (42)   ranked 6,476 out of 32,643 in mylot.com  3 years ago

Thanks for the advice. From the looks of it so far from what I have heard/seen when I looked around the place there are no parties... well fingers crossed anyways.

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2. myLot reputation of 97/100. danishcanadian (20673)   ranked 606 out of 32,643 in mylot.com   3 years ago

We didn't exactly buy a condo, but we are living in one. My boyfriend's co-worker's daughter bought three or four condos in one building, and we are renting one. She rents them out at a cheaper rate than you'd pay to maintain it yourself, if you were to own it like a house. We are getting a pretty good deal, and she is getting a decent return on her investment.


stratz (42)   ranked 6,476 out of 32,643 in mylot.com  3 years ago

Thats great being able to get cheap rent.. But either way she is still making money of you.. I take it you are saving for you own place then. So you will stop giving away your own money.

DC's Condo Specialist Rachel Valentino, your Washington, DC real estate professional agent. Proven aptitude combined with a powerful work ethic. www.rachelvalentino.com
 
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