Monday, December 21, 2009

Condos or Townhomes choose - What?

James Iceland is a popular place for many, that as a condo or townhouse for sale. With so many communities to choose from, it can be difficult to make a decision to be the best solution for you. Iceland, with James, 's it all about location. With close proximity to downtown Charleston, and then right onto the road from Folly Beach, it is a popular spot for many. A large part of the COFC students (College of Charleston) and the students MUSC (Medical University of SouthCarolina), as the location of James Iceland, there is the commute usually 10 minutes or less. So take a look at some of the differences between condominiums and townhouses can to try and determine what may be the best solution for you.

First of all, whether you're a townhouse or a condo choice depends on your lifestyle. If you opt for the "lifestyle resort", so to speak, then condos could be the best solution for you. The reason why I say this because swimming pools, changing rooms, tennisCourts, including gated communities and lawn care are all the typical advantages of living in a condominium. If you are the kind of person who has a long day at school or work, and do not want to spend too much time on maintenance or landscaping, then a condo is a great choice for you. Make sure to know that when living in a condo, you actually own a percentage of total residential community. If there are 100 condominiums, and even one, you own 1% of the community. There are alliances andRestrictions put into effect) (rules or guidelines that you must obey and be enforced. In general, there are government fees (paid by the condo owner, you), which can amount to $ 350 + per month! These are the fees that pay for the use of the cabana, swimming pool, tennis courts, landscaping and maintenance, and any gate. Also included is insurance against the dangers from outside the home (usually from the drywall, washing out), external pressures, such as maintenance, roof repair, siding repair andthe sidewalks and walkways around your condo. Some municipalities also have condo water included. Thus, condominiums are more expensive to live in euros per month, on a whole, but this could bring benefits for you if you like all the other above-mentioned extras.

Townhouses and townhomes are a little different. While sometimes similar in size and appearance, condos, town homes do not charge regime. You actually own the townhouse positively, and you are not part of a regime. In general, therethere are no swimming pools, tennis courts, cabanas, or lawn service. That is, you take care of your own external risks insurance, your own water, and when the roof needs repair, that it is your responsibility. You maintain the area around your town house, which means all of the landscaping on your property, and all want to do in the garden. There are no covenants and restrictions in the rule, so you can also use your boat on the property, park, or do the modification / changes to your townhousewithout asking for a written request for permission to submit to do so.

A lot of people who like this freedom and the feeling that they were not allowed to make changes to something that they ask themselves (as do hurt). However, people feel condominiums that this may affect property values negatively, if there are changes made that are not in the best interest of the community. Note that if there are no regulatory constraints and limitations, each homeowner can be a little sloppyabout having cars parked in the yards, driveways or stained, or boats on the lawn on cinder blocks next to each other (you) my number. There are no property management to enforce the rules of the community as in a condominium regime. The biggest positive I see the townhouse with vs the flat there are no settlement fee each month to pay. If a similar apartment the same size, has a $ 350 monthly regime fee, then you may be able to afford a more attractive townhome, since you will not be charged in any regimeThe fee per month. Also note that if there are selling real estate or the entire economy of townhomes usually better than condos. For example: A sale townhome at 100K, and 100K with a condo to sell at a $ 250 monthly fee regime. They are $ 250 per month fee regime is hard for someone to chew 100K for a place to live.

So you have it, a small list of the differences between condos and townhomes. As I mentioned, the choice depending to fit your lifestyle. Becertainly take note of the situation is only in the selection, but also to find out whether a condominium community is in litigation. Iceland to James alone, there are some communities that (under litigation) a judicial proceeding, where the owners sued for a reason. Normally, the action is hampered by poor design of the condominium buildings, or something similar. VERY IMPORTANT: What if you're a seller ... Drum roll ... ask that you sell your home than just cash, ie. A buyer will not be possiblea condominium, where to buy in litigation, because the banks do not finance a loan if in this situation. So be careful when choosing!