🚨 ¡NO COMPRES un Condo Antes de Ver Esto!
Thinking about buying a condo in Montreal? Price isn't everything: what can really ruin your purchase is failing to review the co-ownership documents. In this episode, Catalina Camacho explains what buying in a co-ownership entails, how to recognize red flags, and why the new Law 16 changed everything for condo buyers. We discuss the seller's declaration, meeting minutes, financial statements, the reserve fund, the new self-insurance fund, and the location certificate. Catalina also warns about unexpected special quotes (one client had to pay an extra $80,000), why some banks are now denying financing, and how to choose between a condo and a house. ⏱️ 00:30 What is buying in a co-ownership? 01:43 Why Documents Matter More Than Price 02:50 The Seller's Declaration and Its Serious Errors 04:01 Meeting Minutes: What They Reveal 05:18 Warning Signs: Infiltrations and Hidden Problems 07:30 How to Know if the Condo's Finances Are Healthy 09:42 Emergency Fund vs. Self-Insurance Fund 11:45 Law 16 Explained and How It Impacts You 13:59 Are You a Condo Owner? Where to Start 15:36 The Location Certificate and Its Risks 19:00 Overcoming the Fear of Buying in a Condominium 22:16 Physical Problems Detected in the Documents 23:54 The #1 Mistake Condo Buyers Make 24:33 Banks Denying Financing and Condos Losing Value 25:40 Condo or House? Pros and Cons 29:01 Final Tip and How to Contact Catalina 🔔 Subscribe for more Quebec real estate tips. 📲 Find Catalina on her Link Tree on Instagram, YouTube, WhatsApp, Facebook, and TikTok. #montrealrealtor #Montreal #Quebec #Condominium #BuyCondo #Law16 #RealEstate #CatalinaCamacho #RealEstateAgent #CourtierImmobilier #MontrealCondo #QuebecRealEstate

Sign this… and you lose your house

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