Condos For Sale - What Are the Advantages of Buying a Condo?

Buying a condo is much like the purchase of a single family members residence, but with some benefits. In the condo the property owners association trims the shrubs, mows the lawn, trims the trees and generally fixes other annoying and bothersome products like a roof leak and whatever is needed. On the other hand in the single family members home YOU do all this work. Sounds like fun, huh!

Even in occasions of foreclosures and falling home sales, a condo buy is an attractive option. Why? Because the cost is anywhere from 20 to 30 percent less than a normal single family home. Especially great for the young couples, singles or even retired seniors from states exactly where it snows or freezes seven months a year. An additional plus on the glad-I-bought-a-condo smile sheet, is no worry about shoveling, repairs, maintenance, or other dreaded chores. Yep! Sell the snow shovel and motorized lawn mower. It will no longer be a requirement.

Many people who want to appreciate easy living, follow the condos for sale trail in nicely established, close to comfy and safe neighborhoods. Some may opt for a condo loft in a downtown area near all the action. Others may choose condos for sale in an area away from the noise if public transportation is accessible. Speaking of safety, owning a condo in a building with 40 other units provides an element of security, as well.

When leaving on a trip you can feel comfy that you neighbor(s) will maintain a sharp eye out for thieves who thought your condo would be a soft touch.

Okay! So a lot for "the condos-are-wonderful" tour. How about couple of questions you should ask prior to a purchase?

- Is there any law suit or pending litigation against the condo association? It is important that you are aware of it before signing any paperwork. Older condo units are the ones most susceptible - Does the condo association have adequate reserves stashed away for repairs and improvements in case something serious happens? - Prior to signing on the dotted line for your condo purchase, you require an inspection. Because you are ostensibly a co-owner of the building, assessments can happen.

A condo buy can increase your buying power. Condos generally price much less to maintain than a single family members homes. Also condos have amenities that many could not otherwise afford. Swimming pools, tennis courts, physical exercise rooms, and, in many instances, a community center.

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