This can be a good time to buy a le quest 99 years leasehold condo. For the obvious reason: there are more sellers than buyers. However, that isn’t enough to get you a fantastic offer. Because more than any other kind of real estate, with condos, a reduced price is not enough. Here are tips to ensure you’re getting a fantastic offer.
Back in 1999, I had been renting a good one-bedroom apartment by Damen and Foster and working Downtown. I used to pick the bus to Foster and Sheridan and from there I Had consider one of the Express buses that ran on Lakeshore Drive. I got a fantastic view of the Lake when going to work. On good days, I Had see people on roller skates, teenagers like me playing volley ball, teenagers like me sunning or playing in the water. Therefore, when I had enough money for a down payment on a condo, I mentioned, it’s got to be by the Lake.
The condo I purchased was in a building on the Lake, one that owned portion of the beach. The agent who had been selling the condo described the limitations of the beach, informed me the precise measurements. I, of course, split these by the amount of units in the complex to figure out just how much of it was mine. Yes, I know, you own the whole point with the other condo owners. But that isn’t thrilling. (By the way, I owned, specifically 1 foot by 1 foot and 3″, which in my first time-condo-customer exuberance I considered adequate.)
The agent also shows to me the huge decked that over-looked my beach. It was beauty incarnate.