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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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    STANDARD LISTINGS:   CONDOMINIUMS-AND-TOWNHOUSES IN/NEAR MACON
    Willow Creek Owner Assoc Write review for this local business
    603 Willow Creek Dr, Macon, GA 31204
    (478) 471-0334  
    High Point North Condo Assoc Pool Write review for this local business
    562 High Point North Rd, Macon, GA 31210
    (478) 471-7172  
    Westcliff Condominiums Association Write review for this local business
    303 Westcliff Cir, Warner Robins, GA 31093
    (478) 923-5182  
    Featherstone Condominiums Write review for this local business
    123 Stonehedge Dr, Warner Robins, GA 31088
    (478) 922-0888  
    Harbor Towne Condominiums Write review for this local business
    370 Tallulah Trl, Warner Robins, GA 31088
    (478) 923-7003  
    Villamar Write review for this local business
    342 Log Cabin Rd NE # OFC, Milledgeville, GA 31061
    (478) 452-1424  
    Pine Knoll Apts Write review for this local business
    2300 Sherry Cir, Milledgeville, GA 31061
    (478) 453-2570  
    Ivy League Estates Write review for this local business
    205 Ivey Dr SW, Milledgeville, GA 31061
    (478) 804-1440  
    Arbor Lake Apartments Write review for this local business
    431 Kirkland Rd, Covington, GA 30016
    (888) 693-5921  
    Sundance Creek Write review for this local business
    575 Mcdonough Pkwy, Mcdonough, GA 30253
    (678) 826-4781  
    North Main Village Condo Assoc Inc Write review for this local business
    315 N Main St, Madison, GA 30650
    (706) 752-1703  
    Haddon Place Apartments Write review for this local business
    4100 Hopewell Pl, Mcdonough, GA 30253
    (678) 833-5960  
    Town Creek Condo Assoc Write review for this local business
    1020 Town Creek Cir, Greensboro, GA 30642
    (706) 453-1376  
    Villas at Eagles Landing Write review for this local business
    1107 Rock Quarry Rd, Stockbridge, GA 30281
    (770) 389-7368  
    Ashley Woods Write review for this local business
    1050 Rock Quarry Rd, Stockbridge, GA 30281
    (888) 319-4705  
    Eagles Landing Write review for this local business
    375 Country Club Dr, Stockbridge, GA 30281
    (770) 389-9800  
    Olivia Place Write review for this local business
    5220 N Henry Blvd, Stockbridge, GA 30281
    (770) 648-1394  
    Winnstead Apartments Write review for this local business
    3110 Mount Zion Rd, Stockbridge, GA 30281
    (770) 288-9331  
    White Water Creek Write review for this local business
    165 Birkdale Dr, Fayetteville, GA 30215
    (770) 703-7285  
    Fieldstone Glen Write review for this local business
    2615 Mount Zion Pkwy, Jonesboro, GA 30236
    (877) 808-0317  
    Julian Lecraw and Company Write review for this local business
    115 Fieldstone Pkwy, Jonesboro, GA 30236
    (770) 472-0376  
    Julian Lecraw and Company Write review for this local business
    215 Fieldstone Pkwy, Jonesboro, GA 30236
    (770) 472-2065  
    Julian Lecraw and Company Write review for this local business
    315 Fieldstone Pkwy, Jonesboro, GA 30236
    (770) 472-2318  
    Julian Lecraw and Company Write review for this local business
    611 Fieldstone Pkwy, Jonesboro, GA 30236
    (770) 472-8584  

    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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