Vadnais Heights townhomes for sale: Are they right for you?

There are many reasons to go out searching for Vadnais Heights townhomes for sale. Over the years this type of housing has offered a convenient lifestyle to millions of Americans. With reduced home maintenance and lower priced housing, many people find townhome living to be more conducive to their lifestyles. So what are the pros and cons to owning a Vadnais Heights townhome?

Vadnais Heights townhomes for sale are quite often priced more favorably than traditional single family housing largely due to the shared walls and common areas. The townhome association to which you will be required to belong is responsible for upkeep of these common areas as well as some of the exterior maintenance of your home as well. This can make buying a Vadnais Heights townhome especially appealing to busy first time home buyers as well as to retirees who prefer not to deal with that type of upkeep.

Vadnais Heights Townhome Association Dues

This does not mean that the maintenance of the home is free, of course. Included in your responsibility for residing in a Vadnais Heights townhome you will need to pay monthly association dues. This monthly fee covers a number of things but as to what it covers can vary from one association to another. For example, while your association fees might include home insurance in one association, you might have to shop and buy that on your own in another. It is important to review this information before you sign a purchase agreement to buy a Vadnais Heights townhome since your monthly association dues can vary significantly.

City of Vadnais Heights

Located just north of downtown St. Paul, Vadnais Heights ,MN is a beautiful smaller suburb in the Twin Cities Metro. With an easy 20-minute commute to all of the attractions of the larger city, residents here also enjoy the feel of small Minnesota town. Living in Vadnais Heights means you'll have easy access to more than 100 acres of parkland spread across 14 city parks. With plenty of affordable housing, MN first time home buyers may benefit from the Ramsey County First Home program. If you are interested in buying or selling a home in Vadnais Heights please give me a call.

An important note to those buyers using an FHA loan to purchase your townhome, be sure to investigate how the association was formed before you make your offer. In many cases, the associations for townhome communities were actually formed as condominium associations which saved some expenses for the developer. If the townhome association is actually a condo, this means the association must already be approved for FHA financing. If the condo association is not yet approved by the FHA, the process for getting FHA condo approval can be time consuming and could possibly delay your loan closing by weeks.

Vadnais Heights townhomes for sale: Pros

• Lower maintenance lifestyle
• Less expensively priced housing
• Shared amenities offered through the association
• Often a back yard
• Unlike condos--no neighbors up and down

Vadnais Heights townhomes for sale: Cons

• Townhome association monthly dues
• Small yard or occasionally no yard at all
• You will share walls with neighbors

First Step: Get Preapproved

The first part in the process of buying a house is to get preapproved for mortgage financing. This means that you meet with a local mortgage lender who will review your credit, income, etc. In this discussion they can tell you what types of Minnesota first time buyer programs you might be qualified for. This important first step can be done right over the phone and most lenders will even do this with you when you are off from work.

Casey Anderson
Sales Executive, Licensed Realtor in Minnesota
IBR Realty
caseyanderson@ibrrealty.com
Cell 651-245-1820
Woodbury, MN 55125
With a focus on Woodbury real estate and surrounding communities.