When purchasing a home, condominiums are a unique and great option to look into. An HOA takes care of the ground and exterior maintenance, meaning you, as the homeowner, only have to worry about the home itself. A condo should always be inspected before you close the deal to ensure you’re not purchasing what could soon become a nightmare to maintain.
A condo inspection can change the outcome of a conditional offer. If you discover a major problem with the condo, as long as you have a home inspection clause in your conditional offer, you can use that report to back out of the deal. If you’re still sold on the home, a home inspection can help you negotiate a lower final price.