We are kinda/sorta looking at condos (i.e. being lookie-loos at open houses) because we would consider it a treat to move from a close suburb sfh to our oceanside dream location.
But I admit I am scared off by the great unkown (to me) of condo living. Articles like this don't help: Home sweet hell: Falling into the condo trap - The Boston Globe
We visited an open house recently for a "penthouse" condo (i.e. the top floor of a converted four-family) at a beach location. Nice view, with another buildings parking lot the only thing between the condo and the water. When I expressed concern that the view could be ruined if that parking lot was developed, the respone was "Oh, that won't happen they need the parking". When I asked what happens when a dispute arises about needed maintenance when there is an even number of 4 units in the building, the response was " I don't know, that hasn't happened before". I bid them good-day. I realise the potential losing the view issue is more a general buyer beware concern, but the thought of sometime down the road being in a 2 against 2 (or worse 3 against me) over some special assessment gives me the willies. Is the grass always greener? At least you don't have to cut it, I suppose.