Homeownership can be complicated, but we also think it’s one of the most rewarding ventures out there. In our series, Ask an Edina Realty Lawyer, we are hoping to demystify some of the trickier aspects of buying, selling and owning a home.
Posted In: Ask a Lawyer, Buying a home, Selling a home, CondosWondering if buying a condo will be worth it in the long run — or the short-term? If you feel you’re past the point of renting, but don’t relish the maintenance commitment of a single family home, owning a condo can be a good middle-of-the-road option. To help you decide if condo living is worth it (and right for you), we’ve gathered insights on the potential highlights and drawbacks of purchasing a condo.
Posted In: Condos, First-time homebuyer tips, Buying a homeWhen you’re looking at condos to buy in Minnesota, it’s exciting to imagine the view, lawn service and gym that you will have access to. But it’s important to remember that you’re paying for each of those amenities via monthly fees that you’ll owe to the condo complex’s homeowners’ association, or HOA.
Posted In: Condos, First-time homebuyer tips, Buying a homeConsidering buying a condo? Because homeownership is one of the largest investments you can make, it’s important to piece together the cost of a condo before buying. Here are insights you can use to calculate your estimated monthly condo costs and to determine if a condo purchase might be the right next step.
Posted In: Condos, First-time homebuyer tips, Buying a homeYou’re ready to make the next step. You can even picture yourself pulling a fresh batch of cookies out of the oven, letting the delicious aroma fill up your condo — or will it be an apartment? Or a townhome? Or a loft?
Posted In: Condos, Buying a homeIf you are thinking of buying a condo, but aren't sure how which steps to take first, we can help. Here are insights into the three phases of buying a condominium.
Posted In: Condos, First-time homebuyer tips, Buying a homeThe rental market is hot, so you may wondering if the time is right to become a first-time landlord. If you’re considering investing in condos for rental, here are questions you can ask as you narrow down the right condo investment property.
Posted In: Condos, First-time homebuyer tips, Buying a homeBuying your first condo can be an exhilarating experience. Follow these tips as you determine if you’re financially ready to make the leap to condo ownership.
Posted In: Condos, First-time homebuyer tips, Buying a homeWhether you’re paying rent on an apartment, living rent-free with friends or ready to move on from an oversized single-family home, you may be considering a condo purchase as your next step.
Posted In: Condos, First-time homebuyer tips, Buying a homeWhen considering condos, you may notice that the listings discuss an HOA and the fees (which are also called dues) that the HOA charges. Before buying, read these insights on what HOA fees are and how they will work on behalf of a condo owner.
Posted In: Condos, First-time homebuyer tips, Buying a homeFor sale: Properties which are available for showings and purchase
Active contingent: Properties which are available for showing but are under contract with another buyer
Pending: Properties which are under contract with a buyer and are no longer available for showings
Sold: Properties on which the sale has closed.
Coming soon: Properties which will be on the market soon and are not available for showings.
Contingent and Pending statuses may not be available for all listings