5 Major Mistakes Made By New Condo Buyers

Condo buyers often look forward to making an investment in real estate that can pay off in future years. Owning a condo also offers beautiful views of the surrounding location and can make for a higher quality of life. To ensure that you make a smart purchase, there are a few major mistakes to avoid.


1. Becoming Won Over By Fancy Finishes

Many buyers can become distracted by sleek granite countertops or high-end appliances, but you may be paying more for a lower quality product that is overpriced. Check out the materials and products ahead of time to ensure that you get what you pay for and aren't disappointed once you move in.

2. Failing to Research the Builder

It's important to look into the reputation of the builder to ensure that they're reputable and can stand behind their warranty. Research the number of buildings they've completed and the status of their license to ensure that you avoid mistakes or complications during the process of purchasing the condo.

3. Falling for Fake Green Claims

Many builders win over buyers by making fake eco-friendly claims about their buildings with an environmentally sustainable building design or high-performance equipment. Research their standards to ensure that they are environmentally responsible and if it meets the Leadership in Energy and Environmental Design standards.

4. Forgetting About the Amenities

You may be impressed with the fancy features of the building where your condo is located, but it doesn't mean that you'll necessarily benefit from them. Ask yourself if the amenities fit within your lifestyle and will be of use before purchasing the condo.

5. Failing to Think of the Long-Term Experience

You need to consider your long-term plans of living in the condo and how comfortable you'll be in several years to come to ensure that it's a smart purchase. Too many people only focus on the move-in process and how exciting it can be to live in a new place. Instead, consider how long it'll take for your maintenance requests to be taken care of or if the building has a solid management team.

When purchasing condos for sale in Irvine, CA and finding a new place to call home, there are many steps to take to ensure that you make the right purchase. By doing your homework and evaluating the overall picture, you can avoid a few mistakes that many new condo buyers make.

Visit: Irvine Residential Living