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Townhome Vs Single Family Home All Locations : Nationwide Real Estate Advice

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Showing results for Townhome Vs Single Family Home [Clear search]
Wed Dec 26, 2012
Riffat Husain answered:
Hi, Randy.
Typically it means that it is a stand alone house for a single family. It is not a condo or a town home or a duet, or any other kind of residence.
0 votes 7 answers Share Flag
Wed Aug 6, 2014
Philip Cabral answered:
Hello again Nigel,

As I mentioned in one of your other questions I grew up in San Francisco and currently live in Santa Clara which is in Silicon Valley. I have rental properties in both areas so I know both areas very well.

At a budget of $700K you have some restrictions. Condo/Townhouse vs. single family residence? Do you want more of a suburban feel or are you interested more in the middle of the city? How much of a down payment do you have? If you have a large enough of a down payment there is the possibility that you can have a positive cash flow from the start. Are you looking for a certain size of home? How many bedrooms, baths, square footage, size of lot, backyard, etc? There are a lot of details that you need to fill in.

I can certainly help you or you can contact any one of a number of great realtors in the area.

Good luck!
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0 votes 10 answers Share Flag
Fri Jul 26, 2013
Amanda Mack answered:
These are great questions. A SFH is going to have better resale as well be easier to lease when you are ready to make the move to a larger home. Schools are important no matter which you purchase. I would be happy to help you with your search, I specialize in the areas you are looking.

Amanda Mack
Keller Williams
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0 votes 16 answers Share Flag
Wed Feb 13, 2013
Brittany W answered:
I make close to 60k annually.
currently rent an apt for $900 monthly
Have a car note of $402
I am a first time homebuyer looking for a 3+bedroom townhome/single family home.
My target areas to live would be: johns creek, alpharetta, and sugarloaf (30043) I am not opposed to suwanee.
I plan on waiting no longer than 2yrs max depending on how soon I can boost my credit score.
... more
0 votes 10 answers Share Flag
Sun Oct 15, 2017
Maria Cipollone answered:
Shop around for a real estate agent and ask them to provide you with a market analysis of your area and what kind of price you can get for your property. After interview several agents tell them how much you are expecting to make from the sale of your house and ask them to calculate how much will be their comission after you get the gross amount that you need to get on with your life. All comission are negotiable. You just need to find a likeable agent that will work to sell your home.

Best of Luck,

Maria Cipollone
... more
0 votes 7 answers Share Flag
Mon Oct 29, 2012
Connie Mitchell answered:
In my area, the big differences would be maintenance and privacy. With an apartment, upkeep is taken care of by the complex. Renting a home, the owner might require you to pay up to a certain amount for maintenance, lawn care, pool care, etc. Big plus is lots of privacy in a home vs. an apartment. ... more
0 votes 9 answers Share Flag
Fri Oct 19, 2012
Terri Vellios answered:
I see a lot of new home communities being built and from what I've read the building industry has several projects in the works.

The demand is strong and prices are increasing.
0 votes 12 answers Share Flag
Tue Feb 19, 2013
Larysa Dombrovska answered:
Hello Manish,
There are many condo's available throughout Las Vegas. With the high forclosure rate a lot of the condo communities are not financing. I would be happy to set up a personal property search page for you and send the link. All I need is your criteria.Please call or email me if I can help you in anyway, or answer any questions you may have.

Larysa Dombrovska
Broker Salesperson
Cell: 702.379.3662
My Profile:
... more
0 votes 19 answers Share Flag
Mon Oct 8, 2012
Ron Thomas answered:
In general, the prices are higher because more people want to live there.
The Listing Prices may not be representative of the Market Value; they may be priced to attract multiple offers.
The Assessed Value has little or nothing to do with the Market Value; Assessments can vary from County to County, depending upon how they are computed and how long it has been since they were re-assessed.

To get an accurate picture of your Market, you need to have your Realtor do a CMA; particularly if you have seen a house that you are interested in.
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0 votes 5 answers Share Flag
Tue Oct 9, 2012
Tim Moore answered:
Most Realtors are honest. You would have to look hard to find one that is not and that has been in business for a long time, so find one with experience and you likely have found a good one.
Good luck.
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0 votes 25 answers Share Flag
Mon Oct 29, 2012
Beverly Howe answered:
In Florida a townhome is usually a two story condominium product. Occasionally, a townhome which is attached to another property is considered a single family home. If that is the case the owner may pay the building insurance. In a condominium the association pays the building insurance and the owner insures the inside of the condominium, usually from the drywall in. Check the documents while you are under contract on a condominium to find out where the owners liability begins on the property if it is considered a condominium.

A homeowners association (HOA) is typically an umbrella association over a number of small associations within a community. The homeowners association may be all single family homes or there may be a mix of condominiums associations within the community. The HOA fee may be paid at different intervals or annually. Sometimes the condominium fees include the HOA fee if there is one and sometimes when the condominium has a HOA the fee is paid separately from the condo fee to the HOA. Any variable is possible in a Florida development.

Be sure to check before you make an offer if you think a property is just in an HOA and not a condominium association. If it is in an HOA you do not get a 3 day rescission period to check these fees. If the townhouse is in a condominium association Florida law gives you 3 days to check all the fees in the community.

You will find important information for all buyers on my informative homepage including:

The #1 Mistake Florida Real Estate Buyers Make (Your financial status remains confidential)
21 Critical Mistakes Real Estate Buyers Make
20 Things the Listing Agent Does Not Tell You about Short Sales
Short Sale Fraud
Foreclosures - the Wild West of Real Estate
Unrealistic Buyer Expectations
Buyer Beware
Chinese Drywall

The most important thing a buyer can do is first of all work with a buyer broker." As stated by AARP and The Consumer Federation of America in REALTOR News.

Beverly Howe, ABR, GRI, TRC, CIPS
Florida Buyer Broker
1-800-283-7393 US and Canada
1-239-269-2766 Local Direct
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0 votes 8 answers Share Flag
Tue Sep 24, 2013
I would wait awhile, at least until interest rates go back to normal. Doing it now would only save about $750,000 over 30 years.

Jim Simms
NMLS # 6395
Financing Kentucky One Home at a Time ... more
0 votes 14 answers Share Flag
Mon Sep 17, 2012
Stephen McRory answered:

condo is basically an apartment

townhome is basically an attached house with better financing
0 votes 10 answers Share Flag
Sat Apr 6, 2013
Matiffany17 answered:
Hi Christine,

I would suggest looking around Woodley Park, Cleveland Park or Columbia Heights areas. They are all near a red line metro and you can find condos that are reasonably priced.

If you have any more questions or would like help with your home search, please don't hesitate to contact me!

Meegan Tiffany
Long and Foster Realtors
... more
0 votes 12 answers Share Flag
Tue Sep 4, 2012
Kaylane Peters-Davis answered:
Hello Jess I would be happy to sit down with you discuss what all of your opinions are. Making a choice on what type of home to purchase is more of a personal choice it just depends on whats important to you. There are ups & down to compare when your talking single family home vs condo. Give me a call i'd love to help.Kaylane Peters. Keller Williams Realty Metro Atl. Licensed in Georgia & Louisiana. 504-373-9696 ... more
0 votes 7 answers Share Flag
Fri Sep 21, 2012
Stephen McRory answered:
Number one, avoid Condos if you need a mortgage and want the lowest down payment and rate.

Numbers two, avoid Condos if you want the best appreciation

Number three, avoid Condos if you want access to the biggest range of possible renters

Number four, avoid Condos if you want to be able to sell the property in the future as condo loans will always be more difficult for most buyers to obtain

Number five, there is a reason lenders consider them "Toxic" properties.

Go with a Townhome
... more
0 votes 11 answers Share Flag
Mon May 6, 2013
Tina Lam answered:
Sure, you'll get about a 5% better home with all cash. At that price point, you'll be competing aggressively with all cash investors like several of my clients. Most likely, you'll be able to afford an older single family or a 2 bedroom condo.

You'll likely see prices go down during the winter, but you won't be getting a better house with the slim pickings.
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0 votes 12 answers Share Flag
Mon Feb 25, 2013
Andrew Tisellano answered:
Hi Ferdinand

I agree with your train of thought. i would recommend a Town home or condo vs a house if you are planing on renting in a few years. Houses for rent are always in demand but the upkeep of the exterior is an extra concern when you are not around

I think Bergen county or Montclair, Nutley are great places to live and in the future will be very easy to rent. If you would like to meet me in my office for a free buyers consultation we can go over all your options and make sure all your needs are met.
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0 votes 9 answers Share Flag
Mon Oct 15, 2012
Nicky Faucett answered:
It ultimately will come down to personal taste. There are pros and cons of both types of housing: being attached to your neighbor vs. having space, cutting a lawn vs. not cutting, privacy vs not as much privacy. You really want to think about your lifestyle and if you need something that doesn't require as much upkeep (though both will have a measure of upkeep anyway). And then of course budget.

if you need help comparing options and pricing, payments, etc I'd be happy to assist. Feel free to email me directly at
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0 votes 7 answers Share Flag
Thu Aug 30, 2012
Kamal Singh answered:
In quality winchester score one plus. location Toll brothers score one plus. open floorplan is always advantage. lot backing to open area is also a bonus.

Kamal Singh
703-728-3403 ... more
0 votes 4 answers Share Flag
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