Buyer Education · FAQ
Last updated: May 2026
Quick Answer
Yes. Condo owners purchase an HO-6 policy, which covers the interior of the unit and personal property. The HOA's master policy covers the building structure and common areas. Understanding where one policy ends and the other begins is important — and gaps in coverage are common.
Related Questions
Seattle Public Schools has an open enrollment policy for some schools and a lottery system for high-demand programs. However, attendance is not guaranteed, and enrollment policy changes can affect which options are available in a given year. Buyers should verify directly with the district before assuming access to a specific school.
Read answerWashington State only recently authorized charter schools and the network remains small. Their effect on residential property values is not yet significant in the Seattle metro, but may become more relevant as the sector grows.
Read answerFor buyers with school-age children, the answer is almost always yes — the premium paid is offset by avoided private school tuition costs and a stronger resale position. For buyers without children, the calculus depends on resale strategy and how long they plan to hold the home.
Read answerMost condo HOAs permit rentals, but some have restrictions on the number of units that can be rented at any time or require owner-occupancy for a minimum period before renting. Review the CCRs (Covenants, Conditions, and Restrictions) before purchasing if rental flexibility is important to you.
Read answerRelated Articles
School district boundaries don't just determine where children go to school — they draw the invisible lines that separate premium-priced neighborhoods from comparable homes priced significantly lower just blocks away.
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