Buyer Beware
OR
caveat emptor - as they say
was never more true than
when dealing with a developer on a condo
Price per sq. ft | What is the registered size | |
Balconies and hallways | Storage space / closet space | Selling vs. buying / square ft |
Details of the measure? | 5% + / - Bullshit | Pay attention to detail or pay forever |
Check the reputation of the Builder | Check the zoning on the specific unit | Read the By-laws / Caveats |
The above items are currently being fleshed out in some
detail. Discuss with your lawyer or agent and check back
soon for details.
In
the meantime do not
sign a condo deal without your lawyer
Based on experiences with purchasing a condo on spec
I am writing the details in the hopes that I can save someone the grief
I experienced. Lessons learned the hard way really stick in the craw.
In the meantime be careful - be careful and then be careful.