Aug 31, 2023 · Owning a condo can be a viable alternative to renting an apartment, especially considering that as a condo owner, you can build equity and often ...
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The pros and cons of buying a condo in today's market - The Zebra
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Buying condo property offers more ownership opportunities to prospective homeowners. Their price difference compared to other types of real estate make them an ...
Feb 17, 2024 · Disadvantages Of Buying A Condo · 1. HOA Fees · 2. Increased Rules And Regulations · 3. Lack Of Privacy · 4. Resale Restrictions · 5. Shared ...
May 23, 2022 · Lack of privacy. Condo owners may share walls, floors, ceilings, hallways, and possibly elevators. While that may translate into friendly ...
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Jul 20, 2022 · Cons · HOA rules: · Investment risk: · Higher interest rates: · Lack of privacy: · Limited outdoor space: · Rising HOA fees: · Special assessments: ...
Jan 9, 2023 · Condominiums can be a good investment, especially if they allow you as a buyer to enter the real estate market. But there are caveats.
Feb 15, 2024 · Pros · Affordability relative to single-family homes: Most condos are more affordable than single-family homes in the same area. · Managed ...
Like all accommodations, condos have advantages and disadvantages. Find out if condo living fits with your lifestyle, personality and financial situation.
Mar 19, 2019 · the only cons of owning a condo is owning a box in the sky and no property, possible HOA increases, and potentially having shitty neighbors.
The high-rise lifestyle. Pro: Condos have elevators. A lot of condo buildings have elevators and, well, most houses just don't. Hasmik Petrosian, a Toronto, ...