Some Advantages of Condo Living
Condos can accommodate many different types of people. Condos have become an increasingly attractive home ownership option for singles, young couples, families and retired couples. Whether a young couple is looking for affordable housing, or a retired couple needs to down size their home since the kids have moved out, there is likely to be condos for sale to fit those needs. A condo is a viable option for anyone who wants to own a home without the worry of repairs, maintenance and dreaded chores like snow shoveling. They require little work, and are maintained by the association, so the condo owner does not have to be concerned with it.
Condos are usually located in gated communities, like track homes. When a person goes to look at the condos for sale, they will be able to see all that the condos have to offer before they decide to buy. These condos have many amenities available. Some condos are the same size as houses as far as square footage is concerned. Condos in these communities generally allow each condo to have their own privacy while still being a part of a close knit community.
Before buying a condominium, the potential buyer should have it inspected. When a person is buying a condo, they are also buying into the entire building in which the condo is located. As a co-owner of the building, the owner will be assessed a proportional share of the cost for corrective work required in common areas, such as the roof, heating system, or foundation. This is paid in a monthly association fee that the condo owner has to pay for maintenance as well.
Condominiums will increase a person's buying power. New condos usually sell for 20 to 30 percent less than homes. Living in new condos gives a person all the luxury of owing their own home, but will be able to share the cost of upkeep on the building, roof, and foundation. For most buyers the choice is to buy a condo that meets their living needs or continue to rent.
Condominiums usually cost less to maintain than detached homes. The replacement cost of the high rise's roof, may be more in absolute terms than replacing the roof of a detached single-family home, but the cost per owner should be less. Depending on the cost of the repair, there should be enough money from the association fees that can cover the repair without any additional cost.
Condominiums have amenities that some people could not otherwise afford, such as swimming pools or tennis courts, their own community center with exercise rooms and much more. Condominiums are ideal homes for people without children or some with a very small family.
For more resources about condos for sale or about condos and especially about condominiums please review these links.
Related Tags: condos, condos for sale, condominiums
For more resources about condos for sale or about condos and especially about condominiums please review these links.
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- The No. 1 Rule For Projecting Confidence - Speak With Authority
One of the most important characteristics a person can project in a business setting - or any situat - After the Autumn Checkout European Debt Crisis and U.S. Brewing Rebound
In the commotion caused by the Fed on interest rates come to an end, the "disastrous" for the euro a - Advantages Of Arcade Game Rentals
There are many different advantages to arcade game rentals. Most people need something to release th - A General Primer on Truck Cargo Nets
In modern highways it is quite rare to see truck cargo nets in action, this is because they are usua - The United States Will Burst More Severe Financial Crisis
Not long ago, suddenly announced that the central bank to raise interest rates, the interest rate hi - Niche Marketing Profits - 3 Easy Steps to Finding a Profitable Niche Market Income in 10 Minutes
Like most beginners I was having a very difficult time trying to find a niche market to earn extra m - The Importance of Hospitality Management Consulting Firms Toronto
Businesses and the managers that help guide any business are in a constant state of improvement and - New Keynesian Theory Label
2010 winner of the Nobel Prize in Economics three theories have been labeled as "New Keynesian" labe - Federal Reserve Pouring Money QE2 Unpredictable Fortune
U.S. economist Milton Friedman proposed a "throw the cash from a helicopter" view, while the practic - Fiscal Consolidation Should no Longer Delay
British Chancellor of the Exchequer George Osborne today announced fiscal consolidation policy, shoc
Most viewed articles in this category:
- Common Financial Problems to Avoid
One must first change their habits and not procrastinate. American Consultants Inc at offers key fi - How a Bad Hire Can Hurt Your Business
What's worse - hiring the wrong person or not hiring anyone at all? Companies can become almost des - Joel Comm Is Dr. Adsense
What is Adsense? If you are new to making money online and net marketing, you may not know what Ads - 5 Steps For A Dynamic Wealth System Online
Recipe: Opportunity + knowledge + Dynamic Wealth System + Your Action = Massive Success!!! Step 1 - How To Stop Foreclosure
Losing your house to a foreclosure can be very scary. There are times when circumstances are ou - How to Always Pitch A Strike
As business owners, we are always working on new ways to convince people to become customers, client - Membrane Diffuser Solutions for Wastewater Treatment Systems
In the aeration basin of a typical wastewater treatment plant there are both organic and inorganic m - Another Year Hating Your Job or Loving Life?
Copyright © 2007 Mary Foley I've come to the conclusion that to be successful - really successf - Dyestuff Industry In India And China
World demand for dyes and organic pigments to touch $10.6 billion in 2008According to a study on dye - Cma-cgm Case : the Series of Lawsuits Continues in Syria, Lebanon, Egypt, France, England and the United States
Damietta company case : The series of lawsuits continues in Syria, Lebanon, Egypt, France, England a
