When choosing a condo as an investment property, the bottom line is the most important factor in your decision. Since your investment is only a success if you’re profitable, there are things to consider to ensure that your new property provides the kind of return you expect.
Figuring out how to clear large debts can be an overwhelming task. There are many ways to accomplish this. However, some of these methods may not make a big enough impact or may take too long to alleviate the financial stress.
Whether you’re downsizing from a larger home or buying your first property, a condo is a great investment. However, before you start your condo-buying journey, you should be aware that the mortgage process can be a little different to the one for buying a regular house.
If you’re looking to purchase a condo but feel your credit score may not be ideal, you’re not alone. Many condo buyers don’t know where to begin when it comes to ensuring their credit score is appealing to lenders.
It’s easy to get excited about purchasing your ideal condo, but if your credit score isn’t within the ideal range for lenders, there is a chance you won't qualify for the mortgage you want.
The decision to buy a condo brings up many important questions: new community versus urban core, high-rise versus townhouse, square footage and amenities, and interior design.
