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Tag: Condo

Important Things You Should Know Before Buying a Condo

Urban condos

More Amenities Does Not Mean Higher Condo Fees

Ask around, and people will tell you to avoid condos with many amenities because they are expensive. Well, this cannot be proven correct. It, however, depends on the size of the condo. If you get a unit from a large condo with many amenities, you might be surprised that it is cheaper than other Los Angeles condos with lesser amenities. What happens is, the management can spread the cost of amenities among the higher population. On the other hand, small prestigious condos with lesser units are more expensive because the population is low.

Location

People live in condos to fulfill their lifestyle desires. This means it should be convenient. How long is it going to take you to your job place from home for example? The perfect condo should be just a few meters from where you want to go on a daily basis.

Demographic

You should be aware of the people in the condo you are eying. This goes down to lifestyle again. If you are a 50-year-old couple who moved from their own home because of various reasons, you do not want to rent a condo full of young couples. Consider the atmosphere and behavior of the other people before you get frustrated after the first night because people are partying all night.

The Reputation of the Building

Is someone wondering reputation? It is essential to know what people think of the building you want to join. And that is reputation. Ask the agent selling the house to rate the reputation of the building from reviews of previous clients. Be keen on things like, how long it takes to sell a unit and their prices. If the prices are too low, seek to know why.

The Neighborhood

Take a walk or a ride and find out what goes on in the surrounding of the condo. If new buildings are coming up, find out if they will block your view. It is critical to understand the kind of businesses which goes on in the area as well. Such factors will affect the resale value of the unit if you want to sell it in the future.

Do not be in a rush to buy a condo. Take enough time to research and to get the exact unit you are looking for.…

Comparing a House With a Condo

home

For some people, they work hard to save up to buy things that they want, and it can range from buying an expensive car, a ticket for vacation or perhaps buying a house to settle down. When the topic of purchasing a house pops up, there will be a lot of debate about why you should buy an apartment rather than a house. You’ve probably read our last post about reasons to buy an apartment, and today we’re going to list the reasons why you should buy a house. Hopefully, by reading this article, you’ll understand which one between a house or an apartment that you should buy.

A Bigger Room

decorationIf you’re looking for a bigger room, then look no further than buying a house. Perhaps you wanted to decorate your house with many types of furniture, or maybe you want to put many paintings, then it’s a perfect reason to buy a house, as an apartment is designed to be compact, putting everything in a small unit without any extra room.

No Maintenance Fee

We’ve probably written that an apartment comes with so many facilities, starting from an elevator, parking spots, communal room, a gym, a pool and many more depending on the condo itself. But all of those amenities come with a price, which is their monthly maintenance fee, which you don’t want to pay. To make things worse, even if you don’t use their facilities, you still have to pay their monthly maintenance fee, so if you’re not planning to use any of their amenities, steer clear from buying an apartment.

 

Better Resale Value

saleIf you’re planning to sell your house in the future, or perhaps you only want to stay for 5-10 years, then it’s much better to buy a house as it has a better resale value than an apartment. Believe it or not, land prices are going up, and so a house, when compared to an apartment, will win when talking about resale value.

Growing Plants

For some people with green thumbs, they might want a space to grow their plants, be it for decorative purposes or to go straight to the kitchen. The problem with an apartment is that you can have a mini garden, but it’ll never be the same as going down on the big garden in a house and feel the dirt on your hand. If you have a green thumb, make sure that you’re okay with a small garden if you’re planning to buy an apartment.…

Reasons to Buy an Apartment

Condo

Just like any other rational human being, we have our jobs to keep us alive. Be it as a drug dealer or as a businessman; we have to do it to pay our bills and perhaps for savings. When talking about savings, there are many things that people dream of, be it buying a smartphone, a new computer or maybe a place to settle down. Usually, people detest the idea of buying an apartment, and would instead buy a house, but should you? In this article, we’re going to show you some reasons on why you should buy an apartment, read more if you’re curious about what the reasons are.

Complete Value Deal

dealIf you’re a lazy person when it comes to things in general, an apartment might be a great deal for you. The reason? It’s because everything is packed into one when you buy a condo, especially all the facilities that you need. For example, let’s say that you want to hit the gym but yet you’re too lazy to go into your car and drive there, well if you have an apartment you can go down and workout on the apartment’s gym. So, an apartment might be the value deal for you.

Complete Security

If you’re scared of people barging into your house or destroying your property, you don’t have to worry when it comes to an apartment. Nowadays, many apartments are being guarded by security for 24/7, and some apartments require a password on the door to get in, while some still use a particular card to get in, the point is, it is much safer on an apartment than a house. No more worries of burglary or vandals in your place.

Compact

Since it’s small, it is much easier to take care of everything, for example, cleaning and decorating. If you’re a person who dislikes household chores, it may be a good sign to get an apartment as everything is much easier to take care of when compared to a house.

Amenities

Another reason why an apartment is worth the money is that they have amenities that no houses can offer. For an example, besides the gym and convenience store, apartments also offer a parking spot for those who have their own personal vehicle and if that’s not enough there’s also a communal room that everyone can rent as long as you’ve made an appointment first, and this room can be used for meetings or for small events.…