Condo Buyer's Guide

What you need to know when buying a condo

Is buying a condo right for you?

Condominiums, or condos, can be great alternatives to detached homes. City dwellers, singles, couples, seniors, and many others may find condos that suit their needs and budgets. Others may simply prefer low-maintenance living. Buyers who feel “priced out” of homes may discover condos offer an affordable homeownership alternative. For some buyers, a condo is a place to live for a few years. For others, a condo can be home sweet home for a lifetime.

This guide is designed to help you learn terms, questions, and obligations you should understand before you decide to buy a condo.

Although getting a mortgage loan to purchase a condo is similar to purchasing a detached home, there are some important differences.

How do you become a well-informed condo buyer?

Take the time to read and learn… you may find a bright and exciting future of condo ownership ahead of you! Use the categories below to navigate through the various sections and concepts of the Condo Buyer's Guide, or start from the beginning by clicking Get Started.

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