Buying a Foreclosure Condo / Apartment is risky. With all condos you only control what is inside your apartment. Yet you are on the hook for your share of everything outside the condo as well. Elevator breaks down... not only are you inconvenienced you have to pay your share of repairs. And that is the same for all parts of a building and it's property. Parking garage problems are your problems. Buildings are good at deferring maintenance expenditures to protect a reserve fund bank account while the building falls apart. Buying a condo without in depth due diligence on the building is like getting married without knowing who the in-laws are. Don't fall in love with a condo / apartment without pulling back the curtain on the building details. I can help you with that for any building in Calgary.
Jerry 403 831 0842 | Jerry@JerryCharlton.com