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Residents are getting the space of a townhouse, or even a single-family home, but the benefits of being in a condo community by having little to no maintenance concerns. The homeowner association fee.
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If you’re considering buying a condo vs. renting a condo, you need to first ask yourself, is a homeowner association is right for you or not! In this article you’re going to learn about HOAs, learn the benefits of buying a condo vs. renting a condo, and also find out what other important questions to ask yourself before deciding!
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Buying a condo comes with a number of pros and cons – this list will help you decide if these units are right for you. We can help with your home search. receive weekly news, advice, listings, and neighborhood info by email.
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· A condo in Charlestown is for sale for just under $170,000. The catch? Buyers have to be over the age of 55, plus be under an income limit. The home at 106 13th St., Unit 235, has one bedroom, one bathroom and 619 square feet.
Buying a home is a major financial move, so you’re wise to look carefully at the positive and negative aspects. Information in this chapter will help you examine the pros and cons of owning a home, based on your personal desires, future plans, and general financial position. Advantages and Disadvantages of Owning a Home
One of the major factors that will influence your decisions in buying a condo unit is the floor number. Choosing between lower, middle, and upper floors can be tough, especially if you’re purchasing your first condo unit.Each floor level has its set of benefits and disadvantages.
· Many buyers rushing to buy a condo unit succumb to: Problems resulting from failure to educate themselves to the essential facts of communal ownership. The allure of becoming their own landlord. The promise of carefree living. The pressure of sales pitches and developers’ promises that may often be unfounded.