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Questions to Ask about Condominiums

If you're looking into condominium sales in hopes of moving into one, you're probably aware already that this is a potentially life-changing decision. It's an important next step for many who decide they no longer wish to rent an apartment or lease their housing. Before you buy that attractive waterfront condo for sale, there are some vital questions you need to ask before you sign the dotted line.

  • How much money is in the reserve fund?
    The reserve fund is the money kept available for repairs and maintenance. As a general rule, the older the building, the more money should be in the fund. If the fund gets too low, you may face rising monthly fees.

  • What regular fees are assessed?
    Condos usually collect a monthly fee, called an assessment, from each unit to help with general upkeep. These can vary substantially, so make sure they will not pose a burden on you. But low fees can also cause problems because a luxury waterfront condo can fall into disrepair if there are no funds to maintain it.

  • Is the condo association run by the owners or an outside management company?
    Many condominiums are managed by the unit owners themselves. Others hire outsiders experienced in real estate management. Self-managed condos often have relatively low monthly fees, but they can run into problems when neighbors can't agree on housing regulations. If the condo is run by a professional management company, you should check their credentials.

  • What restrictions are in place?
    Because you will be sharing common elements, such as pools and laundry rooms, you need to check the rules and regulations governing these. Like apartment buildings, you may face restrictions on parking privileges and pet ownership, among other things. You may not be allowed to rent or lease your unit to others when and how you wish.
  • Community Associations Institute
    The leader in providing education and resources to the volunteer homeowners who govern community associations and the professionals who support them. Get valuable resources by joining our association today!
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    Write review for this local business

    STANDARD LISTINGS:   CONDOMINIUMS-AND-TOWNHOUSES IN/NEAR DUBLIN
    Elan At Dublin Station Owners Association Write review for this local business
    5501 De Marcus Blvd, Dublin, CA 94568
    (925) 833-1070  
    Las Ventanas Write review for this local business
    3819 Vineyard Ave, Pleasanton, CA 94566
    (925) 399-8845  
    Country Brook Rental Condominiums Write review for this local business
    12355 Alcosta Blvd, San Ramon, CA 94583
    (925) 830-5015  
    Bicksler & Associates Write review for this local business
    931 Hartz Way Ste 210, Danville, CA 94526
    (925) 743-3090  
    North Canyons Industrial Condominiums Association Write review for this local business
    950 N Canyons Pkwy, Livermore, CA 94551
    (925) 606-6279  
    Tkg International Write review for this local business
    3189 Independence Dr, Livermore, CA 94551
    (925) 456-0300  
    RE/MAX Accord Write review for this local business
    313 Sycamore Valley Rd. W , Danville, CA 94526
    (925) 351-6212  
    Pepper Creek Condo Group Write review for this local business
    22509 Center St, Hayward, CA 94541
    (510) 886-1934  
    Mission Bay Condos Write review for this local business
    371 Mariners Ct, Hayward, CA 94544
    (510) 537-5604  
    The Mission Village Condominium-Owners Assoc Write review for this local business
    161 Aurora Plz, Union City, CA 94587
    (510) 471-5397  
    The Rexford Write review for this local business
    3400 Country Dr, Fremont, CA 94536
    (866) 532-7186  
    Paseo Place Write review for this local business
    37200 Paseo Padre Pkwy, Fremont, CA 94536
    (510) 240-9402  
    Regent On The Park Hoa Write review for this local business
    1800 Alma Ave, Walnut Creek, CA 94596
    (925) 944-8731  
    Club Villas Write review for this local business
    101 Hogan Ct, Walnut Creek, CA 94598
    (925) 945-7141  
    Mercer Owner Association Write review for this local business
    1655 N California Blvd, Walnut Creek, CA 94596
    (925) 932-5712  
    Montecito Owners Assn The Write review for this local business
    1315 Alma Ave, Walnut Creek, CA 94596
    (925) 256-6810  
    Club Villas Write review for this local business
    245 Masters Ct, Walnut Creek, CA 94598
    (925) 906-9000  
    Greenwood Condominiums Write review for this local business
    1240 Walker Ave, Walnut Creek, CA 94596
    (925) 946-1245  
    The Retreat Write review for this local business
    1459 Creekside Dr, Walnut Creek, CA 94596
    (866) 399-8240  
    Trinity House Apartment Homes Write review for this local business
    1812 Trinity Ave, Walnut Creek, CA 94596
    (925) 456-4914  
    Flora Condominium Rentals Write review for this local business
    140 Flora Ave, Walnut Creek, CA 94595
    (925) 243-7766  
    Leboulevard Condominiums Write review for this local business
    1336 Boulevard Way, Walnut Creek, CA 94595
    (925) 256-0882  
    Hillview Condominium Assn. Write review for this local business
    7610 Mountain Blvd, Oakland, CA 94605
    (510) 569-7080  
    Copper Ridge Condominium Rentals Write review for this local business
    555 Ygnacio Valley Rd, Walnut Creek, CA 94596
    (925) 280-8885  

    Condominiums are a great alternative to renting an apartment or townhouse because you will be the sole owner of the condo. Condominiums are basically apartments for sale or sometimes lease to own. Condominiums can have multiple bedrooms, be in high rise buildings downtown, and often times come with laundry facilities either in the condo itself or on the property. Newer luxury or contemporary condominiums sometimes come fully furnished and almost all of them have full kitchens.

    Condos often offer 24 hour security services for their residence so people can feel safe while they are at home or on vacation. Real estate agents play a very important role in condos for sale which is often different from when people lease property. Real estate agents will put listings online, in papers, and sometimes even magazines that appear in hotel lobbies. New condos are also featured in home magazines to show kitchen or bedroom styles and can also be featured in architecture magazines to debut new high rise designs.

    People who want to sell, do inspections, or appraisals on condominiums often need to be licensed by the state or county they work in and sometimes you need a realtor's license to sell a condo depending on the state you live in. Inspections and appraisals are often required or at least highly encouraged when buying a condo.

    Condominiums offer individuals and consumers various options for living and investing. They are a good alternative to renting or leasing because a person will own the property instead of paying monthly rent payments.



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