You're looking for a townhome, you've found one you really like and you're ready to buy. The best thing to do is to slow down and ask some questions first.

One question you want to be sure and ask is about the management of the complex. Who is managing the day to day management of the place? Is it a professional management company? if so that is good news because most companies of this type have lots of experience in managing townhome complexes. Since the company probably manages other complexes as well they should be able to get special prices from contractors when special maintenance is needed. This can benefit you in reduced special assessments.

If the management of the townhome complex isn't professional then ask yourself if you really want to get involved with this. Check out the place carefully and look for signs of no or delayed maintenance. If you can ask some of the existing residents about the quality of the management.

It doesn't take long but just a few simple steps can save you from problems in the future.