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Come Home To Condo Living
Looking for a place to call your own but without some of the
traditional hassles of home ownership - like yard work? Then you
may want to consider purchasing a condominium.
Condos are popular for a number of reasons including size,
location, amenities and, of course, limited lawn care and
maintenance responsibilities.
Only You Can Decide
Based on your lifestyle, your budget and your personal
preferences - if condo living is right for you.
To Help, We've Devised This Condo Readiness Quiz:
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Do
you want or need to minimize the time you spend on yard work and
household maintenance chores? |
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Do
you favor "extras" such as a swimming pool, fitness center, party
house or storage facility? |
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Do
you need to reduce your monthly mortgage expenses? |
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Are you comfortable paying a condo fee (averaging $200-$700 monthly)
in exchange for upkeep of common areas, including snow plowing, leaf
removal, parking lot maintenance and lawn mowing? |
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Are you willing to submit to the rules and regulations for your
community set forth by a condo board? |
Condo Living May Be In Your Future
If you answered yes to one or more questions, condo living may
be in your future.
Consider the following next steps:
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Look at both single-family homes and condos before narrowing your
selection. |
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Talk with current condo owners to get a feel for the pros and cons
of condo living. |
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Ask for specifics about condo fees, rules and regulations. (Some
condo boards assess additional charges for maintenance work outside
of routine maintenance.) |
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Talk with your Signature Service/GMAC Real Estate buyer's agent to
learn more about other things you should know before buying a condo. |
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Relax and enjoy looking at your options. There's no substitute for
diligent research and self-reflection. |
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