Resort Real Estate

Beach Condominiums

Resort Property


Buying a Condominium Home

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

Important Considerations When Buying a Condo

Homeowner Associations

Condo owners are members of the Homeowner Association (HOA), and are subject to special assessments by the Board of Directors (BOD).

Lifestyle Restrictions

The Covenants, Conditions & Restrictions, and any rules implemented by the BOD,  restrict the use of a condo, e.g. decorating, rentals, pets, visitors, use of common areas, etc.

Common Property

Inadequate maintenance of the roof, building-envelope, elevators, etc. can cost HOA members $1000’s.

Legal Issues

Lawsuits involving the HOA, or the Board of Directors, 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 systems.

Peace of Mind

A Home Warranty offers peace of mind and makes sense for everyone – no one knows when a component will need repair.

Experience Matters

It’s important to work with someone with experience in the various issues of owning a resort home.

  Real Estate Broker/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



A
PreferredPartner · Smart Choice

  • A PreferredPartner™ protects your interest.
  • Provides Lifetime Real Estate Support.
  • Includes a Home Warranty

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