Becoming the owner of a condo is a project that requires in-depth analysis. Various factors ignored during the purchase can impact your quality of life and your budget.
You have everything to gain from asking yourself the right questions before you buy. In order to make a conscientious and informed investment, here are some things to consider. At the Kaset Condo (คอนโด เกษตร, which is a term in Thai) you can have a look at the following matters.
Analyze The Contingency Fund
The excellent health of the contingency fund is an essential factor to verify. If the building roof had to be redone shortly after your arrival, for example, would the condominium fund pay for the repairs, or would you rather have to spend several thousand dollars? Finding out about the state of the contingency fund can help you avoid unpleasant surprises.
Consider The Miscellaneous Costs
Various mandatory fees will be added to the cost of purchasing your Kaset Condo and to potential renovation costs. Municipal taxes, welcome taxes, evaluation fees, notary fees will soon catch up with you and must therefore be budgeted.
Using our borrowing capacity calculator will help you validate the maximum property value you can afford based on your income and expenses.
Calculate Renovations
You have found a condo perfectly to your taste, and all you have to do is move in? Congratulations. Instead, have you seen a rough diamond that will require a little love and hammering before it feels good? Calculate how much it will cost you before you make an offer to buy. If major renovations are necessary, you will potentially have to shell out large sums of money. You may then need to spread your project over a few months. Do you have the necessary money for the renovations? Will you need to do business with professionals, or will you be able to do the renovations yourself? Asking yourself these questions will allow you to assess whether it is a realistic project or whether you should instead opt for a home that better meets your needs and your means.
Study The Rules
The possibility or not of having pets, of making temporary rentals as with Airbnb, of inviting relatives to the communal swimming pool are just a few examples of rules that can have a direct impact on your daily life and your habits. of life. Find out about the rules in place before you start dreaming of inviting all your friends out to the sun terrace. Are you comfortable with and agree with the majority of the regulations in place?
Tame The Neighborhood
Have the best neighborhood and its neighbors of Kaset Condo. If you don’t already live in the neighborhood where you visit Airbnb Rentals Borger TX, take the time to familiarize yourself with it. Visit various shops nearby, locate service points, parks. Take a walk during the day and evening to get a good idea of what life in the neighborhood is like at different times.