GUIDE FOR FIRST TIME CONDO LESSEE
Deciding to invest in cars or realty is a big decision. It’s something that should be thought over, and all factors must be considered. To help you with your decision, listed below are some of the questions that a first time lessee should ask.
AM I FINANCIALLY CAPABLE?
Living alone means having to rely on yourself. Daily needs, groceries, bills, etc., everything will come out of your pocket, which is on top of loans and other debts that you may be paying for. It’s important to assess your financial capabilities before signing anything.
WHERE DO I WANT TO LIVE?
Other than your finances, assess your lifestyle. Where would be the best location to live in? Is the location you chose known for being flooded? Is public transportation a factor, or do you have your own car? These are some of the factors that you might need to consider, especially if you plan to stay in that location for several years.
AM I TALKING TO THE RIGHT PERSON?
Finding a trusted developer and agent is a must, even if it’s not your first time leasing a realty. Just like here at Dwellings by Eton, we have Leasing Specialists that could help you make an informed decision. We make sure to give you all the information you need and answer all your concerns. Ease, comfort, and peace of mind is the priority of our Specialists.
WHAT ARE THE FEES?
Association Dues are fees paid by residents to the Homeowners Association for the maintenance of the building. Depending on the agreement, it can be monthly, quarterly, bi-annually, or annually. Other than this, there’s also realty tax. It’s also a different story if you want to reserve a parking space for your unit. Parking lot prices vary.
HOW IS THE MAINTENANCE AND MANAGEMENT?
As mentioned, residents pay an Association Dues for the maintenance of the building, especially the common area and its facilities. Take a look if the building is in good condition. Ask yourself if it’s a place that you would see yourself living in. Will it be money well-spent?