First-Time Home Buyer’s Guide to Chicago and the North Shore

Buying a condo involves more than evaluating the unit itself. You are also buying into a condominium association—and taking on a share of its financial condition, rules, maintenance responsibilities and future expenses. A beautifully renovated condo can still be a risky purchase if the association has inadequate reserves, deferred maintenance, pending litigation or a large special assessment on the horizon. Conversely, an older building with well-maintained common elements and responsible financial planning may be an excellent investment. That is why reviewing the condominium association’s documents is such an important part of buying a condo in Evanston. Read full article here: https://www.willtveit.com/buying-a-condo-in-evanston-hoa-documents-reserves-special-assessments-and-red