Considering purchasing a condo, then find out information about condo living, regulations and rules that you need to be aware of. You will information about what questions to ask when purchasing a condo including how much is the HOA fees, frequency and what do they cover. Most HOA fees do cover the structure insurance on the property, but you will want to find out about reserves and possible assessments that may come up in the future.
There may also be amenities at a condo which may include a pool, spa, recreation room, gym, basketball court, volleyball court and more.
Condos offer an affordable option to relocate to a specific area when the price of single-family homes are higher, and a buyer may not qualify for purchase at that price point!