In this week’s episode we are going to talk about how condo ownership works! Do you have questions about what it means to own a condo? Well you’ve come to the right place. Condos are popping up all over Portland Maine and we are going to talk about all the pros and cons that come along with condo ownership.So what is a condominium? A condominium is a building or complex of buildings that are individually owned. It’s important to be mindful of what you are responsible for maintenance, fees, how the bills work, and what are your responsibilities! It’s important to see the declarations, bylaws, and rules and regulations that go along with condo ownership. We also talk about the benefits of owning a condo and what you don’t have to worry about! We also talk about the cons with owning a condo. A lot of people don’t like having an Association monitoring you, or the fees that come along with the condo, or last minute assessments. There is the possibility to join your condo board and really be involved in your investment and easily stay in the know regarding everything going on! So let me know do you have any questions about condo ownership? Or is there anything you think we missed? Let us know down in the comments and remember, If you Make Maine Your Home, you don’t have to do it alone!
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To contact Doug you can call or text to 207-838-5593, email to doug@makemaineyourhome.com or check out http://www.MakeMaineYourHome.com.