it is very important that you get a copy of the budget from the condo association and ask if the maintenance has gone up over the last few years. You also need to ask if the associations has had any assessments over the last few years. I would also suggest that you get a list of the approved condos. Most banks are now requiring that the buyer to put down 205 to 30% down. You will need to hire a title company to represent you in the sale. The title company who are normally attorneys will provide you with title insurance and also take care of the closing for you. You may want to find out if the property is a short sale. This is a situation when the owner owes more money to the bank than the property is worth. This process will normally take longer than a normal and in some cases can take up to 6 months. You can log on the link below to find out more about the short sale process and what you can do to prepare yourself. You can contact me at 786-942-1194 if you have any additional questions.