So what’s the scoop on condos? A good investment opportunity? Being in the Boulder Colorado real estate business, I have sold multiple condos over the years. I found this article by Attorney William Bronchick, which details the facts you should be aware of if contemplating the purchase of a condo, very applicable for the Boulder house market.

He explains that when buying condos consider your prospective tenant or buyer when you resell. Is this priced so high that your pool of buyers is limited? It may be in the median price or below, but how many people live in one-bedroom condos? Is the development so old that the HOA (homeowner’s association) dues are high and will continue to rise as the development ages and needs repairs?

All great questions to ask yourself when thinking about buying a condo in Boulder.

Click here for the link for more information: http://www.legalwiz.com/condos-a-good-purchase