Thinking about buying a condominium? If so, there are a couple of essential details to consider. First is whether the condominium is approved for financing. The second consideration is the amount of your monthly condominium fee and the condition of the property. The loan payment and the condominium fee are used to qualify you for a loan. So, the higher your condo fee, the lower the amount of home you can afford. If you are thinking about buying a condo, let’s talk and comment below for a fact sheet on “How Do I Know If It’s a Condo?”
