Charleston · Buying

How is buying a condo or townhome different from buying a house?

Buying a condo or townhome differs from buying a house mainly through the HOA, since a condo or townhome purchase adds a review of the association's budget, reserves, and any pending litigation on top of the usual inspection and appraisal. Lenders also scrutinize the HOA's financial health before approving a loan on an attached property. Brian Beatty reviews HOA documents for buyers before they commit to a condo or townhome purchase.

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