As far as the expenses are concerned the home will cost more because you have to pay to keep up the entire property, both inside and out. With a condo your common charges, which are usually fairly low covers the maintenance of the exterior and common area and limited interior repairs.
It's all about what you know you are capable of handling better and no one on the internet knows you better than you.
The point is you need to sit down and write down a list of all the positives and negatives to owning a condo and a home. In your heart you already know which lifestyle fits you best you just have to have the courage to make the decision.
I hope this answer helped you. Feel free to email me or call if you have additional questions. Feel free to read my Trulia Blog.
Senior Loan Officer
Preferred Empire Mortgage
Condos can be more expensive than single family homes. There are fees that should not be overlooked when considering purchasing a condo.
Our recommendation is to begin your buying experience by reviewing your monthly budget being sure to account for all money coming in and going out. Once this is done, visit several loan specialists to find out more about programs and interest rates you might qualify.
With this out of the way you should have a better feeling for what you will or will not be able to afford.
The Eckler team
a) What is your short / long term goal for home ownership
b) Personal and professional lifestyle
c) You need confirm amount you can qualify lender approval letter work with Realtor
d) If you live in condo do you like all amenities pool, gym, valet parking OR not use these services purchase in a community with less
e) How thick are walls between each unit.
f) Do you like lawn maintenance or pay a person do this for you.
g) Do you travel less worry to lock the door leave for weeks OR have a person check on your home?
National Featured Realtor and Consultant, Mortgage Loan Officer, Credit Repair Lecturer
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