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Is "Earning a Living" Stopping You?
Every year, people resolve that this year will be different: "This will be the year that I write that book, start that new venture, double my income, take more time off to spend with my family," and the list goes on and on. However, when people...
Nevada Real Estate – A Very Good Gamble!
When you think of Nevada, Las Vegas and gambling are the first things to come to mind. In truth, Nevada real estate is a far better bet than anything you’ll find in a casino.
Nevada
Nevada is dominated by Las Vegas and no bolder statement...
Real Estate Options: The Best Kept Money Making Secret
Real estate investing is currently a very hot topic because of the increasing property values and the number of investors who are looking for a safer alternative to the stock market.
In the last 10 years, stock investors lost trillions of...
The Coolest Property Investment Opportunity In France
What are the signs of a good property investment opportunity? A unique location perhaps…good rental potential definitely…a 24/7 property management service that is professional yet not overpriced - absolutely! All of these elements come together at...
Vermont Real Estate – The Independent State
Vermont has always been a state sticking to independent principles. Tucked away in the Northeast, Vermont real estate is a very good deal.
Vermont
From the first day of existence, Vermont has always had a major independent streak. The first...
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Condominiums – Advantages Of Ownership
Condominiums tend to be a love it or hate it subject with property owners. Here are the advantages of owning a condominium.
Condominium – Advantages
Condominiums provide a unique living opportunity in the United States, one that many people have jumped on in this hot real estate market. Although not for everyone, condominium ownership does have some distinct advantages over stand alone homes.
1. Condominiums are cheaper than stand alone homes. Universally, you will find the lack of a yard makes condominiums a cheaper buying option when compared to the rest of the real estate market. This makes condominiums a good real estate option for first time buyers, as they are often able to get into one when they otherwise would not qualify for a loan for a tradition home.
2. Condominiums are also excellent options after the kids are gone. Once kids are out of the home, you’ll find the space in your home is no longer necessary. Many parents will downsize to a condominium and use the cash windfall from a home to take early retirement. This trend is occurring with greater frequency as the baby boom generation begins to retire.
3. Condominiums are also excellent options for people that travel a lot. If you have to travel for work, you know the problems that can arise from having a home sitting empty for weeks or months on end. Burglaries, graffiti and so on are natural
results of leaving a home empty. With condominiums, it is much harder for someone to tell if a person is home or not. This makes condominiums very popular with pilots and certain sales people.
4. A detached home requires a lot of maintenance to keep it in good shape. A condominium also requires maintenance, but the homeowners’ association is responsible for the upkeep. Generally, the constant attention provided through the homeowners’ association makes condos a better long term maintenance option.
Condominiums are not for everyone, but they have definite advantages over detached homes in certain situations. While guidelines are a solid method of determining if a condo is a good option, you really need to consider your personal circumstances to determine the best choice for you.
About the Author: Raynor James is with the FSBO site - http://www.fsboamerica.org - FSBO homes for sale by owner. Visit our home buying page - http://www.fsboamerica.org/buyer.cfm - to view and buy homes, houses, condos, land and real estate.
Source: www.isnare.com
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