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Hey y'all
Just wondering if you ever need to do a home inspection for a condo? or is it fine just to go over the minutes. |
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Always get a home inspection. The price is usually based on square footage, so it will cost less than a typical single family home. Things go wrong with condos the same as with other homes, so why take a chance.
Also check the minutes, rules and regulations, pending litigation etc.
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CYA!!! Always advise to get a home inspection - new construction, condos, singles families, whatever!!! You don't want your buyer calling you 6 months from now wondering why the a/c just went out (and you told them it was fine!)
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Eric Bramlett Take your blogging to the next level. PM Me For a Free Self-Hosted Wordpress Blog on YOUR URL!!! Austin Real Estate | Austin Texas Real Estate | Austin Condos |
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Hi Betty,
When I first started doing real estate I actually received mixed responses on this one so the fact that you were given two right responses in one shot is a testament to the quality of these forums! A home inspection will cover your bases by shifting the liability from you to the home inspector. Also, find out from the HOA what's covered and what isn't in terms of unit repairs because this can help resolve any of those punch list issues before you send it to the seller (they hate long lists of things to fix so anything you can do to minimize it is a plus!). Good luck! |
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Also, make sure to check the CC&R's or with the HOA for the type of insurance coverage you have. You're looking for "Through The Wall," not "To The Wall" coverage. If it's "To The Wall" no big deal, you will just want to get a supplemental policy from your insurance agent for your protection.
Good luck! Last edited by BarryC; 02-10-2007 at 09:31 AM. |
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