">

Condominium

Understanding  Condominium Associations can be confusing.  When Buying or Selling YOUR Condo, be sure to select a TOP Local Real Estate expert.

Condominiums are unique properties in that they allow the buyer to purchase an area of space within a building that he does not actually own. The owner of a condominium is therefore liable for maintenance and repairs on the inside of his condominium, but the maintenance and repairs to the outside of the building and surrounding grounds is the responsibility of the governing association.

Condominium associations charge monthly fees for maintenance and repairs to the building and grounds, and decisions are voted on by the association members (condo owners). This means that the purchaser of a condominium does not have absolute authority concerning his purchase.

Another factor to evaluate when considering the purchase of a condominium is your specific reason for making the purchase. Purchasing a condo is usually a good option if you are currently renting an apartment or house and you want to use YOUR money to build equity in a property you hope to later sell. This allows you to develop ownership interest in the property for a price that is usually comparable to apartment rent. Purchasing a condominium might also be a good option if you are unable, or unwilling to properly care for a home.

Condominiums owners typically enjoy access to well kept grounds, swimming pools, conference rooms, and common areas. The individual owners are not responsible for maintaining these amenities, but rather pay for the maintenance in the monthly association fees. This often makes condo purchase very attractive for individuals and families who are unable, unwilling, or too busy to maintain a home.

 

Ask us anything about Buying or Selling YOUR Condo in the Manatee County and/or Sarasota County area.   It's completely FREE and we will respond quickly in a timely matter.  We want to help you.  That's our GUARANTEE!






select one




* fields are required

DON'T MISS A NEW LISTING AGAIN!

Register Now

Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!

*Contact Information is NOT Shared*

Quick Search


view all


Any

Any

No Min.

No Max.

Robert Rotondo
CENTURY 21 All Aces Realty
Bradenton, FL 34208

941-792-2111
Contact Us

Contact Us





* fields are required



 941-792-2111 | Contact Us
2824 Manatee Ave East - Bradenton, FL 34208
Copyright © , All Rights Reserved

e-PROGRI - Graduate, REALTOR® InstituteUSAA Real Estate Reward Network Broker

©2015 CENTURY 21 All Aces Realty. CENTURY 21® is a registered trademark owned by Century 21 Real Estate LLC. Equal Housing Opportunity. Each office is independently owned and operated.