Condominiums

If you want to own a home of your own but without the amount of work that comes with a house – like yard work, you may want to consider purchasing a condominium. Condos are popular for a number of reasons including size, location, amenities and, things like limited lawn care and maintenance responsibilities. You should decide based on your lifestyle, your budget and your personal preferences if a condo is right for you. You can ask yourself questions like the following: Do you want or need to minimize the time you spend on yard work and household maintenance chores? Do you want availability of a swimming pool, fitness center, party house or storage facility? Do you need to reduce your monthly mortgage expenses? Are you comfortable paying a condo fee from $100-$400 monthly in exchange for upkeep of common areas, including snow plowing, leaf removal, parking lot maintenance and lawn mowing? Are you willing to submit to the rules and regulations for your community set forth by a condo association? If you answered yes to some of these questions then condo ownership might be for you.