benefits of buying a condo

Thinking about buying a townhouse?. Keep reading to learn advantages of a townhouse.. They're not apartments or houses, or even condominiums.

The benefits of condo living – Someone else handles the outside work.One of the biggest draws of condo ownership is freedom from maintenance you might not have the time, desire or ability to tackle – like shoveling snow, mowing the lawn or repairing outside structures.

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Condos vs. Houses: Which Is Better to Buy?. Several lifestyle-related advantages come with owning a condo.. One of the drawbacks to buying a condo is that your unit will never be worth more than an identical unit, plus upgrades.

Relative pluses and minuses of single-family homes versus condos.. is worth the added cost to you, you may want to buy a condo versus a single-family home.

Realty Q&A: "Condo vs. house." If you're currently looking to buy a piece of property, perhaps to take advantage of the record low mortgage rates on offer, and.

Loan officers everywhere tell me about “The Bank of Mom and Dad” helping buy homes, either through gifts or co-signing. almost two weeks out of the process for condos. They have a condo approval.

what is balloon payment mortgage How a Balloon Payment Works – Naturally, that results in a much smaller payment than a traditional loan. balloon structures are typically used for mortgages, but are sometimes available for other types of large loans such as auto.

Condominiums are the happy medium between houses and apartments. You get to live. Here are some of the advantages of buying a condo:.

Some of the benefits of owning a condo are the following: affordable. condos tend to be more affordable in higher price areas. If this is your first time purchase, and you are looking to reside in a certain city or area, you may be able to find a condo that fits your needs.

There are three primary housing situations available-buying a condo, buying a house, or renting an apartment. Each has its benefits and drawbacks. Let’s take a look at the advantages of each-which are also usually the disadvantages of the others.

As Canadians we are raised to be polite and apologetic, to love our hockey and – when it’s time to start a family – to buy. condo community, located on Lake Ontario and the Humber River, we fell.