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Come Home To Condo Living Looking for a place to call your own but without some of the traditional hassles of home ownership
- like yard work? Then you may want to consider purchasing a condominium.
Condos are popular for a number of reasons including size, location, amenities and, of course, limited lawn care and maintenance responsibilities.
Only You Can Decide
Based on your lifestyle, your budget and your personal preferences - if condo living is right for you.
To Help, We've Devised This Condo Readiness Quiz:
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Do you want or need to minimize the time you spend on yard work and household maintenance chores? |
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Do you favor "extras" such as a swimming pool, fitness center, party house or storage facility? |
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Do you need to reduce your monthly mortgage expenses? |
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Are you comfortable paying a condo fee (averaging $200-$700 monthly) in exchange for upkeep of common areas, including snow plowing, leaf removal, parking lot maintenance and lawn mowing? |
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Are you willing to submit to the rules and regulations for your community set forth by a condo board? |
Condo Living May Be In Your Future
If you answered yes to one or more questions, condo living may be in
your future, so consider the following next steps: |
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Look at both single-family homes and condos before narrowing your selection. |
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Talk with current condo owners to get a feel for the pros and cons of condo living. |
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Ask for specifics about condo fees, rules and
regulations. (Some condo boards assess additional charges for
maintenance work outside of routine maintenance.) |
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Talk with your Signature Service/GMAC Real Estate buyer's agent to learn more about other things you should know before buying a condo. |
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Relax and enjoy looking at your options. There's no substitute for diligent research and
self-reflection. |
