Condo or Single Family Home
Condo or Single Family Home The Pros and Cons of Both If you are a first time buyer or moving to a new city, you’ll likely face a critical decision: Should your new home be a single-family house or a condo? There are pros and cons to each side so it depends upon your priorities, values and needs. Ultimately, the buying process for condos and homes are about the same and with loan rates on mortgage loans trending near all-time lows, this is certainly the time to buy any property. There are many benefits to owning a condo, including convenience and it being a low maintenance option. Most condo associations take care of basic upkeep such as landscaping and common areas. Condos can have as much space as a house but without the maintenance required of a single-family house. Additionally, some condos may have access to amenities such as pools and…