I just had a fantastic conversation with Valerie Davis, owner of Condo Review Ltd. about the advantages of using a company like hers to review condo documents before buying.
Condo Review is a company that will for a fee, review the piles of paper which one receives when they purchase a condo. Why are these documents important you may ask, because they cover everything from the rules of living in a common building to the amount of money that is set aside should something need to be repaired. These documents of course are often hard to understand unless you are a lawyer or a very well versed realtor. It is important however, that these documents are scrutinized thoroughly as they can mean the difference between getting a very good deal on a condo and getting absolutely ripped off.
Using the services of someone like Valerie is a must in my opinion. Her contact info can be found to the right in the preferred trading partners section.
