Condominium: Real Estate and Luxury Condominiums
Benefit Of Getting A Condo Vs. Residential Houses.
September 25, 2008, Thu | Condominiums come in a variety of styles. Some are simply apartments that have been reclassified as condos. Others are much nicer with a real homey feel to them. Its price is simply put; a two bedroom condo will almost always be priced lower than a two bedroom home in nearly every area of the country. There are luxury condos that trump this rule, but there are exceptions to just about every rule. Regardless, the lower price creates a good entry point for first time buyers into the real estate market. The lower price equates to a lower mortgage and thus makes it easier to get the finances together to handle the purchase process.
Second thing is that a condo has everything to do with lifestyle. Simply put, do you have a green thumb? If not, a condo is for you. You rarely have more than a small deck area as part of your condo. The rest of the landscaped area is known as the common area and the homeowner’s association has people to take care of it. If you hate yard work, a condo may just be the answer for you.
And lastly, a condo has to do with social interaction. In many stand alone home communities today, there is little social interaction between neighbors. Life gets busy and advents such as the internet just limit the time people get out and meet. This is not the case in a condo development. Obviously, you can hide in your condo if you wish, but most people inevitably run into their condo neighbors. Whether it is at the pool, gym or condo association meetings, you will find yourself interacting with your neighbors and making friends. |
Why Is Buying A Condo A Good Investment
September 25, 2008, Thu | Buying a condo is a good investment because you have a lot of advantages. Home ownership gives you and your family a sense of stability and security. It 's making an investment in your future. Also other reasons are for appreciation, because many people view their home
September 25, 2008, Thu | Condominiums come in a variety of styles. Some are simply apartments that have been reclassified as condos. Others are much nicer with a real homey feel to them. Its price is simply put; a two bedroom condo will almost always be priced lower than a two bedroom home in nearly every area of the country. There are luxury condos that trump this rule, but there are exceptions to just about every rule. Regardless, the lower price creates a good entry point for first time buyers into the real estate market. The lower price equates to a lower mortgage and thus makes it easier to get the finances together to handle the purchase process.
Second thing is that a condo has everything to do with lifestyle. Simply put, do you have a green thumb? If not, a condo is for you. You rarely have more than a small deck area as part of your condo. The rest of the landscaped area is known as the common area and the homeowner’s association has people to take care of it. If you hate yard work, a condo may just be the answer for you.
And lastly, a condo has to do with social interaction. In many stand alone home communities today, there is little social interaction between neighbors. Life gets busy and advents such as the internet just limit the time people get out and meet. This is not the case in a condo development. Obviously, you can hide in your condo if you wish, but most people inevitably run into their condo neighbors. Whether it is at the pool, gym or condo association meetings, you will find yourself interacting with your neighbors and making friends. |
Why Is Buying A Condo A Good Investment
September 25, 2008, Thu | Buying a condo is a good investment because you have a lot of advantages. Home ownership gives you and your family a sense of stability and security. It 's making an investment in your future. Also other reasons are for appreciation, because many people view their home