Buying A Condo Is Not Like Buying A House.. either first time buyers seeking affordability or long-time home owners looking for an easier life style, home buying may be a new or only distantly.
may be the only option for a first-time buyer. There may not be the same maintenance chores with a condo that come with owning a house, but that doesn’t mean there isn’t a cost. condo owners may not.
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Lower costs and included maintenance make condos attractive to first-time buyers, but compared to houses, condos have risks to understand.
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A Denver developer who owns land near Uptown in Five Points has plans for some kind of condominium project, but it’s part of.
Why is this an important tip for a first time condo buyer? If a special assessment is in the future plans, it’s possible that the association fees can raise for a specific period of time. For example, a condo with a monthly association fee of $400 could increase to $500 for a year to cover the expense of a roof replacement.
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