· While a small condo can be an affordable way to get out of renting and begin building equity in your home, it has to be the right condo. The rumor that condos do not appreciate as fast as single-family homes is false; according to the National Association of Realtors condos have routinely outpaced single-family homes in appreciation.
We are trying to decide between buying a condo and a single family home. It seems like the HOA fees on condos are a ripoff. What do you think? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.
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Which is a Better Buy – A Condo or a House? – MoneyWise – The overall cost of condo versus a house can vary greatly. Though the costs per square foot in a house and condo may be similar, a condo’s ticket price is still less than a house. However, it should be noted that condos are increasing in price faster than a house.
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Why We Decided Against Buying a Beach Front Condo – / Why We Decided Against Buying a Beach Front Condo. Why We Decided Against Buying a Beach Front Condo. By Lance Cothern This post may contain affiliate links.. In the end, even if we could get a condo I don’t think it’d be worth it to us in the long run.
Pros & Cons of Buying a Condo – Is It Worth It? [Guide] – Living in a condo is essentially an upgraded version of an apartment, except you own it. You will still have neighbors in close proximity which comes with all of their noise and, unfortunately, their guest’s noise as well. If the condos are all joined together, which often times they are, depending on the wall thickness, noise could be an issue.
SG Young Investment: How much money do you need to own a. – Previously i blog on "How much money does a couple need to earn in order to afford a $300,000 HDB flat? Some of you may be interested to know how much money you need to own a condominium instead. This post will tell you whether you can afford one of those luxurious property in Singapore.
The Advantages and Disadvantages of Owning a Rental Property. – One drawback to investing in a rental property is that for most people, owning a rental property is a serious concentration of their assets. It would take a significant portion of the average American’s net worth to fully own a rental property. The problem with that concentration is that it’s not diversified at all.