101 Reasons Not to Buy a Condo: And Other Useful Condo Information

By Tim Sutter

101 Reasons Not to Buy a Condo will take you on a journey through all of the shortcomings present in the market of condo ownership. When somebody makes a decision to invest in real estate, whether it is their first time or a second property, a lot of careful consideration is required.With large cities becoming a higher and higher proportion of the population, there will be a natural progression toward condo living in the future. You don't want to be forced into a situation where you will be uninformed about the potential pitfalls of condo ownership. This book is the answer to all of your questions and concerns.From poor money management to disrespectful neighbors and incompetent owners, the author takes you on a journey through the dangerous risks of owning a condo. Through his experience a condo consultant, he combines general knowledge with real life case studies illustrating the frightening situations that are proposed in the book, bringing real issues to the surface.In reading this book, you will learn about things that most people wouldn't even consider a potential issue when purchasing a condo. There is a lot more to it than the simple allure of a fancy building on a downtown corner, or a cost effective way to downsize while maintaining property ownership. In the book you will be exposed to detailed information about:* Condo Associations and how their relative incompetence or apathy can have a serious impact on your day-to-day lifestyle as well as a negative financial impact on your investment;* Condo living as a whole and how something as simple as a small leak can hamper your life for months on end;* The scary truth about the long-term consequences of living in a condo with respect to building construction;* Jaw-dropping comparisons in the form of condo vs house, both in terms of vulnerability to lawsuits and lack of financial control;* What to look out for closely if you are intent on buying your first condo, or what to pay attention to if you are trying to help a friend make the same decision;* The impact of condo maintenance fees and why they can only go in one direction: up;* The constant inconveniences caused by everything from incessant fire alarms to unreliable elevators;* Why a balcony or a terrace isn't the luxury it may appear to be, and;* The dangers of buying a brand new condo before you even see the finished product.If you're asking yourself 'Should I buy a condo?', than this book will help you answer that question. There is an immense amount of detail and insight provided into the lifestyle that condo living promotes, and with 101 reasons not to buy a condo, you may find your decision slightly more difficult to make than you originally guessed.

• Format: Paperback
• Language: English
• ISBN: 1482728931
• ISBN13: 9781482728934
• Release Date: March 2013
• Publisher: CreateSpace Independent Publishing Platform
• Length: 224 Pages
• Weight: 0.88 lbs.
• Dimensions: 9.0" x 0.5" x 6.0"