Buying a condo isn’t the same as buying a house. Here’s what I mean.
There are many big differences between buying a condo and buying a house. That is why I sat down with Sean Hutto from On Q Financial to talk about how there’s more to condos than most people realize, particularly when it comes to financing the purchase.
Follow along in the video above or use the timestamps below to navigate our discussion at your leisure:
0:00 — Introduction
0:35 — Why financing a condo purchase can be challenging
2:18 — Deferred maintenance can lead to issues with condo approval
3:18 — People can get distracted by minor issues that show up in the questionnaire
4:37 — Approaching seller disclosures like an interview
5:16 — Different types of financing have different rules
7:18 — Wrapping up
Condos are still great options for buyers—you simply need to do a little bit more research before purchasing one. If you have any questions about buying or financing a condo, don’t hesitate to give us a call or send an email. We’d love to hear from you.