Standard home inspections often only cover the unit interior. For a condo, you must look at the "big picture."
: One-time fees for major repairs like roofs or elevators. Phase 2: Due Diligence & Inspections
: Even without land ownership, you pay real estate taxes. You will need a personal HO-6 insurance policy for your unit's interior.
: Your budget must include more than just the mortgage. Account for: Monthly HOA/COA Fees : Typically $200–$800+.