Posts Tagged: condo purchase due diligence

7 Things You Need To Know About Rent-To-Own Condos
7 Things You Need To Know About Rent-To-Own Condos

7 Things You Need To Know About Rent-To-Own Condos

  |   By AuthorMy First Apartment
Home sales are still below the peak reached before the housing bubble burst in 2008, due to rising housing prices and interest rates and unstable economies that have left many potential homeowners saddled with external debt and unable to qualify for a mortgage. This trend is likely to continue, as many Millennials are still reluctant…
Reviewing the Condo Association’s or Co-op Board’s Meeting Minutes
Reviewing the Condo Association’s or Co-op Board’s Meeting Minutes

Reviewing the Condo Association’s or Co-op Board’s Meeting Minutes

  |   By AuthorMy First Apartment
Condo associations and co-op boards are required to record in written notes, called meeting minutes, all important actions taken and major building issues reviewed during their monthly board meetings and the annual member or shareholder meetings.  A review of these minutes for the previous couple of years is part of the customary due diligence conducted…