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pros and cons of condo living

Should You Buy a Condo – Condo vs. House – Suze Orman – But if you’re set on owning, know that a condo’s lower price doesn’t necessarily mean lower risk. Because too many condos were built during the housing boom-and because many people bought condos as investments, not residences-they’ve been among the hardest hit properties since the real estate bubble burst.

The Pros And Cons Of Living In A Loft – Homedit – The Pros And Cons Of Living In A Loft There are few types of housing as innately cool and chic and desirable as the loft apartment. With their unusually flexible layout and architectural perks, the loft is both classic and laid-back; sophisticated and relaxed.

In any case, it’s important to understand the pros and cons of buying a condo before you buy. Here are some important factors to consider that may be relevant to your condo purchase. Advantages of condos:. Condos are often great for city living.

Pros and Cons of Condo Living – Seniors Lifestyle Magazine – Condo living has become a way to use less space to house more people. Many seniors purchase or rent condos after selling their homes. But there are pros and cons to condo living. It isn’t for everyone so do your due diligence, especially if you plan to purchase. Pros and Cons. Next to no maintenance.

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Yay or Nay: The Pros and Cons of Living in a Condo – If you are looking for a better housing option and you’re seriously considering getting a condominium, make sure to check out these pros and cons of living in a condo first. The Pros. Saying goodbye to yard and lawn maintenance

Money Pros: What you need to know when deciding between a co-op and a condo – The Money Pros are standing by to take your questions. as nearly all prewars are co-op buildings. If living in a glass house in the sky is more your style, you will likely be looking at condos..

how long does fha mortgage insurance last Mortgage insurance is required on all FHA loans unless 20 percent equity already exists in the home at the time of the loan funding. Otherwise, borrowers must wait for the loan balance to achieve.

8 Pros and Cons of Condo Living – B Positive Magazine – Having said all of this, let’s have a look at some of the pros and cons of condo living. This article will start with some of the good sides. 1. Security. Living in a condo means living at the place with locked entries, doormen, or even security professionals for residents.

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Refinance Rental Property To Knock Away ARM? – Bankrate – Refinance rental property to knock away ARM?. that a mortgage refinance on what is now a rental property has different credit standards and interest rates than a conventional fixed-rate.

Pros and Cons of Living in a Rural Area | Baldwin County – Pros and Cons of Rural Living One of the great things about living in Baldwin County, AL is that there are several different settings where people can live. You can own a condo on the Gulf, have a fish camp on the river, live in a bustling urban area, or even mark your spot in the rural countryside.