There are always more condos than single-family homes available at any given point in time. And condos are the most popular property type in San Francisco, especially for first-time home buyers who want to be in popular, central neighborhoods. But before you rush out and write an offer on one, it’s important to consider the complexity of owning this type of property.
Here’s a quick condo primer that will help you evaluate the fundamentals of a unit and its homeowners association (HOA). [Read more…]