One of the first home buying decisions most people make is whether to look for a condominium or a single-family home. Condominiums are very popular because they help first-time buyers enter the market, are easier to maintain, and are often more affordable. Before you decide, here are some factors to consider:

Condos:

* Require less maintenance.

* Are often less expensive than a single-family home.

* Offer a greater sense of security and community.

* Common areas, driveways, landscaping and the building exterior are owned by the condo association – a group that includes all owners in the complex.

* Special assessments like painting or repairs are usually mandated by the condo association and can be expensive.

Single-Family Homes:

* You own the inside and the outside of your home.

* Landscaping, repairs and maintenance are your responsibility.

* More storage space than a condo.

* No condo association dues (except in country clubs or gated communities).

* No special assessments for any remodeling or updating.

Please call or email The Davidson Team for answers to any questions you have about buying a condo or a single-family home

Warm regards,

The Davidson Team

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