Never waive an inspection, even for a condo. A specialized condo inspection focuses on what is "inside the walls" for which you are responsible.
Request the Reserve Study to see if the building has enough money for future repairs. buying a condo first time buyer
These are one-time fees charged for major repairs (e.g., a new roof) that the regular HOA reserve fund cannot cover. 2. Essential Due Diligence Checklist Never waive an inspection, even for a condo
Before finalizing a purchase, you must investigate the health of the condo association. Use this checklist as a guide: Never waive an inspection
Lenders may refuse to finance a mortgage if too many units are owned by investors rather than primary residents. 3. The Inspection Process