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Top Considerations When Buying an East Village Condo

Posted By: Ninfa Moseley..

Are you planning on looking into East Village downtown condos? If so, you are making a great decision. The East Village is an amazing place to live and there are many benefits to this area. Before buying one of the available East Village downtown condos, however, it is important that you think about a few things. Here are some of the top considerations that you should keep in mind when buying an East Village condo.

Location

One consideration is, of course, location. The East Village isn’t a huge area, but because there are different neighborhoods in the area, all with different personalities, it may be worth your time to get to know the area as a whole, as well as each neighborhood. You may want to also think about what you want from a condo and find out which neighborhood will best fit those needs.

Neighbors

Another consideration when looking for a condo in the East Village is the neighbors. As in any area, you will likely find that like minded people, or people with the same goals in life, will live in the same area. As you research condos and meet with condo representatives, make sure that you always ask about the people who live in the building.

Association Fee

Some condos, but not all, will charge an association fee. This fee can be a few hundred dollars to much more, depending on the condo and the association. The money you pay for the association fee is used to maintain the building, and care for amenities like the pool and the exercise room. There is typically no option when it comes to this fee if you want to live in a particular building.

Security

Another thing that you will want to think about when it comes to moving to the East Village is the security that the building offers. For instance, if a doorman is important to you, you should definitely not compromise on this aspect.

Rules

Finally, make sure you that you will be able to follow the rules that are put in place by your condo. Again, you likely won’t have a choice on this matter but none of them should be extremely hard to follow. Most of the time, they will simply be guidelines that you can use to be a good neighbor.

 

 

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