Condo VS Home

There are advantages to owning a condo over owning a home and vice versa…

Advantages to owning a home v. a condo:
-No association dues
-No association rules and guidelines to abide by
-Your own private yard and property
-Larger buyer audience

Disadvantages to owning a home v. a condo:
-Maintaining your home i.e. lawn maintenance, snow removal,
-Outside repair of your home is your responsibility, example; roof replacement and repair is your responsibility

Advantage of owning a condo v. a home:
-The common areas and the outside of your condominium are maintained by your condo association. These are some of the things that most condo associations maintain on your behalf with the association fees that you pay; grass cutting and fertilization, snow removal, water usage, roof and gutter replacement, maintenance of all condo community common areas.

*NOTE -Taxes are not usually included in the condo association dues.
-Common areas which sometimes include a club house, pool, tennis courts, etc.
-Easier to rent because of lack of outdoor maintenance responsibility

Disadvantages of owning a condo v. a home:
-Recent new implementation of financing rules makes it increasingly difficult to obtain financing on Non HUD or Fannie-Mae Approved condo association projects making it more difficult to buy and sell condominiums
-Must abide by condo association rules
-Permanent improvements or additions to the outside must be approved by your condominium association prior to completion i.e. landscaping, deck, patio
-Lack of private property and privacy
-Costly and sometimes fluctuating association dues

| 100-101 | | 9L0-012 | | 642-999 | | 300-115 | | MB5-705 | | 70-461 | | 810-403 | | 200-120 | | 400-101 | | CISSP | | 300-320 | 200-120 210-260 200-310 SY0-401 810-403 300-320 400-101 70-533 N10-006 MB2-707 810-403 200-120 400-101 CISSP 300-320 350-018 810-403 200-120 400-101 CISSP 300-320 350-018 300-101 210-260 300-208 MB2-707 400-201 SY0-401 70-462 EX200 100-101 1Z0-803 200-120 210-260 200-310 SY0-401 810-403 300-320 400-101 70-533 N10-006 MB2-707 1Z0-060 400-051 300-075 MB2-704 100-101 MB2-704 100-101 9L0-012 642-999 300-115 MB5-705 70-461 1V0-601 300-206 352-001 70-486 300-135 NS0-157 PR000041 300-101 70-346 810-403 810-403 200-120 400-101 CISSP 300-320 350-018 300-101 210-260 300-208 MB2-707 400-201 SY0-401 70-462 EX200 100-101 1Z0-803 300-208 MB2-707 400-201 SY0-401 70-462 EX200 100-101 1Z0-803 9L0-012 70-480 200-310 EX300 ICBB 1Z0-808 AWS-SYSOPS 1Z0-434 200-120 210-260 200-310 SY0-401 810-403 300-320 400-101 70-533 N10-006 MB2-707 210-060 400-201 100-101 9L0-012 642-999 300-115 MB2-707 400-201 SY0-401 70-462 EX200 100-101 1Z0-803 9L0-012 70-480 200-310 EX300 ICBB 1Z0-808 AWS-SYSOPS 1Z0-434 810-403 200-120 400-101 CISSP 300-320 350-018 300-101 210-260 300-208 MB2-707 400-201 SY0-401 70-462 EX200 100-101 1Z0-803