Realty Vision


Posted by Realty Vision on 7/28/2016

Condos are a popular style of home for first-time homebuyers and anyone who is interested in less work to do around the home. Condos are typically multi-unit complexes that share one or more walls with the other units. Lets take a look at the pros of owning a condo. Affordable: Condos are an affordable alternative to a single-family home in a desirable location that is known for its high priced homes. This may be because you are looking in a city or within close proximity to a large city or even by the water. You are likely able to find a condo with decent square footage at a price point that you can afford whereas a single-family home with that same square footage would be much more expensive. Easy to Maintain: Condos come with homeowner association fees or HOA fees. These fees are monthly and cover things like utilities, reserve and contingency funds, amenities, maintenance and repairs, which includes lawn care, snow removal, trash removal, exterior upkeep, etc. This is often why young homeowners find condos so appealing, as they do not need to worry about landscaping, snow removal and exterior upkeep. There is also no need to worry about purchasing those items with large price tags such as lawnmowers and snow blowers as that is taken care of for you. Location: Another reason why condos are so popular amongst young homebuyers is because they are able to purchase their own home that is in a city or very close to it. Young homebuyers are typically working in a city and therefore would like to be close to work, nightlife, and shopping. Condos give these young people the ability to purchase a home in a city rather than having to rent. There are many pros to purchasing and owning a condo, but its important to also weigh the cons. There are certain limitations that come with owning a condo that do not exist when purchasing a single-family home. Purchasing a home, regardless of its type, is a large investment and commitment. Its important that you fully research the market and find exactly what youre looking for in your price range and then begin your house hunt.





Posted by Realty Vision on 12/11/2014

Condos have been gaining in popularity for a number of years for people across many segments of the population. From couples who are just starting out together to retirees, and everyone in between, condos are a smart choice that offer many advantages. In order to determine if they are the right choice for you, read on below. Ownership of Your Home Unlike renting a home, or apartment, a condo is a true investment in your future. You will have the deed to your own home so you know that all the money you pay into it will result in you actually having something to show for it. You Can Sell, or Rent, Later In spite of your condo being attached to others in the complex, it is still yours to sell if you want to. This means that you still have the freedom to move wherever and whenever you want. Conversely, you can rent out your condo if you need to move and it suits your needs better. Really, since the condo is yours, the choice is yours as well. Your Responsibilities End at Your Front Door One of the most attractive things about owning a condo is the fact that your responsibilities end literally at your front door. While you are responsible for repairs to your appliances, and the like, that you have in your home, your condo association is responsible for the lawn maintenance, snow removal and other routine outdoor tasks. This allows you to fully concentrate on your own home. Of course, this is not a free service, though. Your monthly condo association fees pay for this service. The condo association decides which service provider to use by a vote of the board. Being on the board gives you the opportunity to make a real difference in how your community is run. Close Knit Community Having a condo in a planned community that caters to a specific portion of the population such as retirees or young families allows you to have neighbors that are in the same life stage as yourself. This gives you plenty of opportunities to make lifelong friendships as well as building a support network. This type of support is something that many people often miss due to their life circumstances, so it is a particularly positive aspect of condo ownership. A condo can offer you an array of benefits that could be suited to your circumstances. As always, take the time to research your options thoroughly before making a decision.  







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