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Step 2. Find out the square footage of the property. real estate agents sometimes use square footage as a rule of thumb for appraising a property. To use this method, multiply the square footage of your condo by the average price per square foot of homes that recently sold in area.

Condo Vs. Single Family Home | Why I bought a Condo | PocketsandBows When you need condo insurance. There’s damage to the interior of your unit. As a condo owner, you don’t own the building. But you do own your unit, often including fixtures such as lighting, cabinets and appliances. Whether you need to insure your unit’s interior comes down to.

I wonder how that paint would look on my house?" a condo probably isn’t a good choice. At best, condo owners get to pick an exterior home color from a list of approved hues. hot pink will not be on.

SULA: BREAKING NEWS TO GET TO. WE ARE LEARNING OF A 2 ALARM APARTMENT FIRE IN. community’s prayers for one of its own.Fire District 12 confirmed that the Emerald Forrest Condos on Falconer Drive.

Ask your agent to get a copy of the condo association board’s meeting minutes. You will get an idea of whether there are any legal or budget concerns, and you can move onto another property before incurring the costs of a condo certification on a property that has issues.

Condo loans are getting easier to get now that mortgage giants Fannie Mae and Freddie Mac have eased some of the requirements. Find out what’s changed for condo buyers.

More than one third of Toronto’s condo units are owned by people who don’t live in them, according to new numbers from Statistics Canada. Who are all these condo investors and how much money are they.

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Buying a condo puts a little more stress on a lender than buying a single-family home. This is why you need to find a warrantable condo in order to ensure that you can get financing.

“I’d like to know what the situation was so I can figure out if I need to get a new apartment to rent,” resident. The evacuation order was issued for the four-storey condo complex at 9930 100 Ave.

how to get a mortgage with bad credit Having a poor credit rating doesn’t mean you can’t get a mortgage and you’ll never own a property. You may even be afraid to approach lenders for a mortgage in case you get turned down and your credit rating taking another potential hit.