20 Questions for Buying a Condo

20 Questions to Ask When Buying a Condo

   according to Florida REALTORS®

1. Condition? What is the condition of the unit-the building- the entire complex?
2. Common Areas? Are common areas well maintained?
3. For sale? How many condos are for sale (a large percentage could be a sign of issues)?
4. Owner Occupied? What percentage of the units are owner-occupied? Some lenders may dislike large majorities being rented.
5. Condo fees? How much are the condo/association fees, and what all do they cover?
6. Reserves? Does the association have adequate reserves for emergencies and renovations?
7. Board Temperament? What is the temperament of the board? Looking at board minutes could reveal tensions or controversies.
8. Lawsuits? Are there any pending lawsuits against the association or judgements you may have to help pay?
9. Insurance? What does the association's insurance cover? You may need supplemental insurance to cover everything else.
10. Debt? How much outstanding debt does the association have?
11. Arrears? What percentage of the units are in the arrears on their dues?
12. Assessments? Does the seller owe back fees or assessments that may become your responsibility after you close?
13. Neighborhood? What is the neighborhood like? Ask neighbor and walk the area at night to check it out and see when residents are home.
14. Parking? Does the unit come with guaranteed parking?
15. Guest Parking? Is there adequate parking for guests as well?
16. Storage? Will you have extra storage for bikes, equipment, tools and the like?
17. Management? Is the association managed by a qualified professional company?
18. Complaints? Does management handle owners' requests and complaints quickly?
19. Rent? Do association rules limit your ability to rent the unit?
20. Restrictions? Will restrictions prevent you from changing visible elements such as the color of your front door or window coverings?

Keeping your Air Conditioner in Prime Shape

Air Conditioner Maintenance 

With warm weather upon us, it's important that homeowners and sellers make sure this feature is on full display and tuned up. It's also helpful for homeowners to make sure their units are properly maintained throughout the year.

Air Conditioner Checks:

• Inspect the unit to make sure it's in good working condition.
• The A/C must be leveled and free from obstruction
• Clean and/or replace your air filter
• Check your thermostat to make sure it’s working properly

For  more information or professional maintenance, check out our friends at Air Systems of Daytona. 

 We'd love to help you maintain your home and resell it. Check us out at markcardteam.com or at (386)566-8091.

More good news for the housing market in the Daytona Beach Area

The Florida Realtors has just published good news on the homes sales front. This is surely good news for those with Port Orange homes for sale and Daytona Beach Shores or Ponce Inlet Condos currently on the market. Sales are on the rise!Florida Homes Sales are on the Rise

Harbour Village Rebound

Harbour Village condos are selling for more money and at a faster past than in recent years. Mark Card is  the top agent in Harbour Village sales for the Remax firm he represents and has just listed a top floor, 3 bedroom 3 bath unit for $399,000. It is fully furnished and has both river and ocean views. Please check out our listings at Www.TeamCard.us