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Considerations When Buying a Condo or Townhome

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Elevations Credit Union

1 Environmental Way

Broomfield, CO 80021

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Condos, town homes, oh my! What's the difference between buying one of the two or a house?

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Homeowners’ Associations (HOAs), rules, fees and assessments, shared maintenance, amenities, HO6 insurance – a condo or townhome is more than just a smaller, attached version of a house. This difference is also apparent when qualifying for a mortgage. We’ll talk about what determines if a condo project is warrantable or non-warrantable and what it means to you as a buyer.

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Elevations Credit Union

1 Environmental Way

Broomfield, CO 80021

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