Beach Homes

Condos • Vacation Rentals

Resort Real Estate


Buying a Condominium


Condo Owners and their Agents are not required to
discover and disclose, existing adverse conditions.

Real Estate Investments: Buying a Condominium Home

Click to  >>>  Learn More.


A
PreferredPartner · Smart Choice

  • A PreferredPartner™ will protect your interest.
  • Include a free Home Warranty for your home.
  • Provide Lifetime Real Estate Support.

It’s important to work with someone that has experience with the various issues of owning resort property. If you’re buying a condo, or have a real estate related question – contact me anytime.

  Real Estate Consultant
Wayne Moore

· Lic. Real Estate Broker
· Licensed Home Inspector
· Lic. Community Association Manager
· Commercial Real Estate Inspector, FREA

· Reg. Environmental Property Assessor, NREP
· State Cert. PCO – Termites-WDO-Household
· Florida Wind Mitigation Certificate



Investing in Beach Real Estate

Considerations for Real estate investing in Gulf Shores, Orange Beach, Perdido Key, Panama City Beach, Destin, 30A

Important Considerations for Buying a Condo
 

Homeowner Associations

Membership in the Homeowner Association (HOA) is mandatory – HOA members are subject to special assessments by the Board of Directors (BOD).

Lifestyle Restrictions

The Covenants, Conditions, Restrictions (CC&Rs) and Rules may not fit your lifestyle – a variety of restrictions can dictate the use of your home…such as decorating, rentals, pets, visitors, use of common areas, etc.

Common Property

Poorly maintained components such as the roof, building-envelope, elevators, etc. can cost HOA members $1000’s.

Legal Issues

Lawsuits & foreclosures involving the HOA can expose condo owners to significant financial liability.

Financial Planning

Poor planning by the BOD can result in HOA members funding the repair & replacement of common property via “special assessments.”

Property Defects

A Home Inspection can save you money by identifying defects, while documenting the age and expected life-span of the major components and systems.

Peace of Mind

A Home Warranty offers peace of mind and just makes sense – no one knows when a component will fail.