
Finance is one of the most important factors that you have to consider for buying the Condo Ratchadamri [คอน โด ราชดำริ, which is the term in Thai]. But getting the mortgage for the condo can be a complicated process, and you will need guidance from the real estate agent for the purpose. The condos are different in functions from other types of properties. The condo development process will also be under scrutiny apart from your eligibility criteria to get the loan. Seeking the assistance of a mortgage professional is a good idea in such cases for you should know how to get the best finance options for the purchase.
Research is essential
It is crucial to understand who will be in charge of the entire maintenance of the property before deciding to purchase the property. Sometimes,s missing out on the little section of research may result in bigger mistakes. When you are investing in a condo, you must be looking for a property that has a strong maintenance service. It will be frustrating if you pay the dues of the association and still do not get the right quality of service. Poor management will also affect the value of ye property and can even higher the loan dues.
Ask questions
When you take a tour of the property with your real estate agent, don’t forget to ask everything you want to clarify. Direct questions are good for knowing thoroughly about the maintenance process. Also, look out for the common areas as the appearance can imply how the association is caring for the property’s common area maintenance. You should also know who handles the requests from the residents to ensure that there are rules and people adhere to the rules. You can even talk to the board members to know how they are managing the project and the prospects.