Urban Real Estate

Do's and Don't's For Condo Buyers

Do's and Don't's For Condo Buyers

Buying a condo is not only a big investment, it is also a decision that can be very complicated at times.

There are many factors to consider for each condo building and though two units may have a similar number of bedrooms and bathrooms, they may be completely different; one could be a good investment, the other a money pit.

The Chicago Tribune recently put together a series of do's and don't's for condo purchases, focusing on items like checking resale history within the building, the amount of money in reserves, watch for a reasonable assessment level (neither too high nor too low) and, of course, make certain you love the idea of living there.

Read more at the Tribune's site here.