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4 Key Things to Remember During Your Search for the Perfect Condo

By Mike in Buying Tips with 0 Comments

Purchasing a Downtown San Diego condo for sale can be an exciting adventure for prospective homebuyers. Because of combined perks such as the sense of community within the subdivision, the satisfaction of home ownership without the responsibility of yard work, and the overall affordability compared to traditional homes, many people choose to buy a condo over a single-family home. Before committing to a purchase, however, it is important to remember a few simple yet key things about condo buying in downtown San Diego.

1. Don’t Settle for Less

Prepare a list of your needs prior to viewing condos. Know exactly what you need in terms of space, bedrooms, amenities, and more. Don’t waste your time looking at spaces that don’t meet your requirements, as you will be less likely to be happy with your purchase in the long-term sense if you settle for less than what you need.

2. Location Is Key

Location is every bit as important as the space itself. Pay attention to the surrounding area before setting your heart on a specific condo. Will your corner of downtown San Diego offer convenient access to your favorite restaurants, bars, and cafes? Is there nearby green space for your dog? Will you find the views enjoyable for many years to come? These are all questions that should be taken into consideration before committing to any condo, regardless of how nice its interior may be.

3. Don’t Take It Personal

Even though the home-hunting process will be a personal experience for you, the operation itself is nothing but one over-sized business exchange. A multitude of unexpected occurrences can arise during the home-buying process, but maintaining a business mindset at all times can make the experience considerably less stressful.

4. The Possibility of Additional Fees

While condos are generally a more affordable option than traditional homes, most condo communities also charge association fees that are added on to the monthly payment. These monthly expenses can be used to cover a wide array of things, such as lawn care, general maintenance, security, and more. Before signing a purchase agreement, it is wise to factor these additional fees into your monthly budget. You may think you’re getting a great deal on a loft for sale in Downtown San Diego, but the HOA fees could be anywhere from $350-$900 or more.

Looking for the right spot to call home? We can help, as a leading Downtown San Diego real estate brokerage, we know this market forwards and back and can help you find a great condo, loft, or penthouse. Give us a call at (619) 649-0368 and schedule an appointment today! ')}