If you have recently come across a Fort Myers waterfront condos for sale ad, you’re probably wondering if you could become the owner of one of these magnificent condos. After all, who in their right mind would not want to own a prime piece of property like a Fort Myers waterfront condo?
However, there are a few things you need to be aware of before you decide to become a property owner, especially of a condominium. Owning a condo is not the same as owning a house or apartment. There are certain responsibilities, rules and regulations which set living in condo apart. Remember that condos are a common property owned by many people with individual units. Such communal living requires a different attitude about private and shared ownership, since you will be sharing all of the complex’s amenities with other owners.
Why a condo?
Maybe it’s obvious to you why Fort Myers waterfront condos for sale are an attractive purchase option. The most common reasons that people choose to buy a waterfront condo include:
* You are not someone who is into high maintenance jobs around a traditional house, like mowing the lawns, maintaining the garden and so on.
* Fort Myers waterfront condos are closer to your workplace, so its less of a hassle, plus you get parking space and are in the middle of the city.
* You want to invest in a a property that gains value over the years, but an entire home is more than you’re interested in.
The Condo Sales Contract
The moment you make up your mind about finally buying a waterfront condo in Fort Myers, the first thing you will want to see is a sales contract. This sales contract is different from other property sales contracts, since it encompasses an agreement that informs you of how the condominium is managed and governed. You need to read this document carefully since it will tell you about benefits and issues with the management of the complex, its reserve fund,s and the management’s attitude towards owners’ requests and complaints.
Check if the rules and regulations governing the condos are too strict and if you can live with them. Take an extensive tour of the complex to get a feel for the place and check out how well maintained and cared for it is. Also, make sure the rules and regulations in no way will hamper the lifestyle you wish to have and if there is anything which could later hurt the value of your property.
If you have questions about the best Fort Myers waterfront condos for sale, just pick up the phone and call the most trusted name in real estate in Fort Myers, Jean Sanders. Her team of property consultants can guide you towards a sound investment.