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Buying a Condo

What is a Condo? Explained in 97 Words

A condominium, or “condo” for short, is an individual unit privately owned within a building of other units.

Condo buildings and townhouses can be owned in the form of a condo. Private ownership is from the exterior walls in and a percentage of the common areas. Here’s a few common area examples…

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on February 8, 2021 at 2:00 PM
   
What is a Condo? Explained in 97 Words

A condominium, or “condo” for short, is an individual unit privately owned within a building of other units.

Condo buildings...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on February 8, 2021 at 2:00 PM
5 Tricks to Keep Condo Financing in Ocean City, MD on Track! [VIDEO]

Let’s face it, when you’re researching Ocean City, MD real estate for sale, financing may not seem like it’s a big issue. In...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on November 1, 2018 at 9:00 AM
Why Paying Your Homeowners Association Fees Beats Foreclosure?

If you are struggling to make your monthly mortgage payments on your home or condo, you may not want to stop paying your HOA...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on July 13, 2017 at 7:00 AM
6 Valuable Things to Know Before Buying a Condo

Condo ownership can be a smart real estate investment. However, if you want to buy a condo, you should know that condo living...

Buying a Condo? 3 Extra Expenses Everyone Needs to Know!

When you buy a condo, your financial responsibilities are not limited to your mortgage and real estate taxes. In addition to...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on June 29, 2017 at 7:00 AM
5 Hard Lessons Learned from Buying Oceanfront Condos

The dream of owning an Oceanfront condo in Ocean City, MD is on the bucket list for many families. It’s not as far out of reach...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on June 14, 2017 at 6:00 PM
5 Reasons Buying a Condo May Fail Due to the Condo Association

After months of searching Ocean City MD real estate for sale, planning options with your real estate agent, and touring dozens...

Why I Love Home Inspections (and You Should Too!)

A home inspection is one of the most valuable tools in the home buying process. It allows you to examine the physical condition...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on February 3, 2017 at 4:39 PM
9 Awesome Steps for Buying Ocean City, MD Condos for Sale

Chances are you're probably search real estate online using those big nationally branded real estate websites. Don't get me...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on January 23, 2017 at 12:04 PM
5 Best Practices for New Ocean City, MD Real Estate Buyers!

No matter if you're a new buyer in the Ocean City, MD real estate market, or you've bought or sold many properties, you always...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on October 20, 2016 at 9:09 AM

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