Condos For Sale

Explore Available Condos for Sale in Fargo ND Find Your Dream Condo, Listings, Features, and Prices for Sale

FAQ What To Know About Buying A Condo

A condominium (condo) is a type of housing where individuals own their unit or apartment within a larger complex. Condo owners also share ownership of common areas and facilities within the property, such as swimming pools, gyms, and parking lots.

FAQ What To Know About Buying A Condo

A condominium (condo) is a type of housing where individuals own their unit or apartment within a larger complex. Condo owners also share ownership of common areas and facilities within the property, such as swimming pools, gyms, and parking lots.

Ownership and Association Fees:

Condo owners typically pay association fees (HOA or condo fees) to cover maintenance costs for shared amenities and common areas. Understanding these fees and what they cover is crucial before purchasing.

Condo Rules and Regulations:

Condos often have specific rules and regulations set by the homeowners’ association (HOA). These rules can include pet policies, noise restrictions, rental restrictions, and architectural guidelines. Understanding and agreeing to these rules is essential.

Maintenance and Repairs:

Unlike single-family homes, some maintenance responsibilities in condos, such as exterior maintenance, landscaping, and building repairs, are typically handled by the HOA. Knowing what the HOA covers and what you are responsible for is important.

Resale Value and Market Trends:

Assessing the resale value of the condo and understanding market trends in the area can be crucial. Factors such as location, amenities, and the financial health of the HOA can influence the property’s value.

Financing and Insurance:

Understanding financing options for condos, including mortgage eligibility and loan requirements, is essential. Additionally, acquiring appropriate condo insurance to cover personal belongings and potential damages is recommended.

Condo Inspections:

Conducting a thorough inspection of the condo unit before purchase is crucial. Inspections can reveal potential issues with the unit or building structure, helping buyers make informed decisions.

Future Development and Assessments:

Being aware of any planned developments or pending assessments within the condo complex is important. Assessments could impact future fees or property values.

Rental and Resale Restrictions:

Some condos have restrictions on renting out units or selling them within a specific timeframe. Understanding these restrictions, if any, is important, especially for those considering rental income or quick resale.

Legal and Financial Advice Purchasing a Condo Is Highly Recommended:

Seeking advice from real estate professionals, lawyers, or financial advisors before purchasing a condo is highly recommended. They can offer guidance and ensure that all legal and financial aspects are properly addressed.
These FAQs provide a broad overview, but individual circumstances may vary. It’s crucial for potential condo buyers to conduct thorough research, ask questions, and seek professional advice to make informed decisions.

Contact Us

Fargo Home For Sale

Fargo Home For Sale

Jim Christl
Shannon Barnun
Modern Market Realtors
(701)205-5517

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Resources

Home Buying Guide Part 1
Home Buying Guide Part 2
Home Selling Guide Part 1
Home Selling Guide Part 2
Financing Guide Part 1
Financing Guide Part 2
Home Moving Guide Part 1
Home Moving Guide Part 2

EXCELLENT rating
Based on 74 reviews
Absolutely wonderful to work with! They went above and beyond to help us find our first home. I would recommend them to anyone!
Dana Witherill
Dana Witherill
25/06/2024
We bought our first home with Jim and Shannon and had an amazing experience! They are so easy to work with, have loads of experience, and are always looking out for our best interest! They brought us so much peace of mind in our first home purchase and would absolutely recommend them to anybody!! Could not ask for a better home buying experience.
Nicholas Johnson
Nicholas Johnson
25/06/2024
Very knowledgeable and helped us though the whole process with professionalism.
Joanne Lenertz
Joanne Lenertz
17/06/2024
Jim and Shannon are professionals that genuinely care about their clients, not just making a sale. I wouldn't trust anyone else with our home buying and selling!
Seth Christenson
Seth Christenson
12/09/2023
Jim and Shannon are THE BEST to work with! They took a chaotic situation and turned it into an organized, thorough, pleasant home buying experience. Their expertise and professionalism is unmatched, and it is very clear that their clients' best interest is a top priority. Highly, highly recommend!
Mariah Christenson
Mariah Christenson
12/09/2023
Highly recommend Shannon and Jim! They were there for us every step of the way, from giving us the best advice prior to getting our home on the market to make sure it was ready to go, to answering our questions at closing. Our house wasn’t even on the market for more than 48 hours and they made sure we knew all our options and got the best deal for us. Always quick response time and always available to us, which was important for us since this was our first time selling a home.
Kayla Balstad
Kayla Balstad
11/08/2023
We have purchased several homes in our lives, but the experience was never as fun and easy as this (final) time with Shannon and Jim. Their response to our request for help with our real estate search was prompt... and off we went! They offered information and advice, with generosity and skill, and then supported us through the whole process. There is no other firm that can beat Modern Market Realtors and we highly recommend them. Jean and Dave Gau
Jean Gau
Jean Gau
29/05/2023
If you are looking for a realtor, Jim and Shannon are the absolute BEST in town, or anywhere in my opinion. It doesn’t matter if it’s day or night or a holiday if you have a question for them or a concern they ALWAYS get back to you. They are also honest and transparent and have so much knowledge about the market. They worked their butts off to find us our dream home and they went completely above and beyond for us. Believe the five star reviews they are amazing people that quickly become friends. From start to finish Shannon will not miss a beat and she will work endlessly to make sure you have everything you need to feel comfortable. I cannot say enough about both of them. Absolutely amazing people and an incredible experience with both of them. We love you guys!
C K
C K
24/06/2022
I've never left a review on anyone or anything, but I have to for these guys. They are beyond incredible! They made buying our house so seamless. They were there for us when we were worried about things, there for us when we needed to get things done, and there for us when we needed advice as well. They genuinely become your friends throughout your time with them because they are good people and care about you. I can't recommend there guys enough! 10/5 stars :)
Jason Knodel
Jason Knodel
24/06/2022

Modern Market REALTORS®
1306 24 ave S
Moorhead, MN 56560
(701)205-5517

Homes For Sale in Fargo ND
https://g.page/FargoRealtors
Commitment, Trust, Knowledge

Jim Christl Real Estate Broker At Modern Market REALTORS® and contributing Real Estate Writer for many years.

Jim Christl, Real Estate Broker At Modern Market REALTORS® and Contributing Real Estate Writer.