Buying A Condo - What You Should Know
Posted by Marisa Owen on
What Questions Should You Be Asking?
Buying a condo in Bozeman or Belgrade can be an affordable way to enter this market. Before you start shopping, there are some key questions to ask yourself, your Buyer's Agent, and your lender to guide you in the process.
The difference between buying a condo vs. townhome or single family home is that you do not own the land if you own a condo. You own the studs in whereas with townhomes and single family homes you own the land. Another difference is that the HOA should be responsible for the exterior of the property, sidewalks, siding, etc. With condos, you pay into a Condo Association HOA fee and on average should run you about $150-$250/month, it will vary unit to unit and what is included.
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