Portland's recent real estate boom has left home buyers with lots to  
choose from in the
condo/townhouse market. From a classic NW
Portland old bricker Apartment building conversion, to a sheik Pearl loft, to
a Hawthorne live/work studio, there are options for everyone.

When looking for a condo to purchase a few thing to keep in mind are:

1)What are the HOA's?

Hoa's are the fees you pay to the condominium association usually on a
monthly basis to cover common expenses. They vary from complex to
complex and can include some or all of your utilities depending on how
the building is set up.

2)Read the CCR's!

The CCR's (covenants, conditions and restrictions) include the bylaws for
the condominium association. These are the rules all owners are
expected to follow. It is especially important to know if there are any
restrictions that may effect you(ie. pet restrictions or restrictions on
whether you can rent the unit out to a tenant).

3)   How is the financial health of the association?

Not all home owner associations are the same. The financial statements
for the complex should be made available to you for review. It is important
to know if the association has plenty of money in reserves for
maintenance costs etc.

4)  Do an inspection.

Even though you usually only own the interior of your condo space there
still could be costly problems you will want to know about. A good
inspector will also look at the rest of the building if possible.
Condo/Townhome
Portland condos
portland condos
Portland Condos
portland realtor
Chris Love
Principal Broker/Realtor
John L Scott Real Estate
4111 SE Woodstock Blvd
Portland, Oregon
503-775-4699
503-788-7103
503-957-6087

www.johnlscott.com/christopherjl

www.portlandsellers.com
www.MyPortlandAgent.com