| The answer always lies in terms of what
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| | funds they would generally purchase a
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| are you needs and resources. There is
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| | home for equity. Why throw money out the
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| nothing in essence new about Condos or
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| | window they would say. True with vast
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| Condo projects. People around the world
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| | increases in housing prices due to low
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| for eons have owned property in a large
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| | mortgage interest rates the rules of
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| building and shared costs such as
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| | apartments being the main option for
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| maintenance, taxes and security
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| | temporary living for many may well
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| services.,
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| | change.
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| Two factors have driven the popularity of
| |
| | It can be said that generally one or two
|
| Condos in America and Canada in the last
| |
| | people inhabit an apartment. An apartment
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| several years. They are lifestyle and
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| | again is meant for temporary living.
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| cost.
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| | People go to work, come home and watch
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| Lifestyle is a factor in Condo choice.
| |
| | TV. That's about it. There is generally
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| People have equity in house. A house
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| | not the living space or storage space
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| requires maintenance - yard work, cutting
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| | that you find in a condo. Walls are
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| grass in the summer and if you life in a
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| | generally thinner so that the sounds of
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| colder climate - such as Minnesota, North
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| | your neighbors may drift in. In hotels or
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| Dakota or Manitoba Canada clearing snow
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| | condos a higher standard of construction
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| in the winter off your walkway and
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| | is generally planned for than in rental
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| driveway. True you can hire workers to do
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| | apartment blocks.
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| this work - but it requires coordination
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| | In one case a bright young son - a
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| and the workers may not be reliable and
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| | manager yet , convince his father that
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| responsible. If you wish to travel as a
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| | with a "Gee Dad do you realize that if
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| snowbird in the winter Condo living may
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| | you sold your house and moved into an
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| be ideal for you. Someone else takes care
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| | apartment that you could basically live
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| of those headaches for you. In addition
| |
| | for free on the interest. Sounded good to
|
| there is a measure of security both with
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| | the financially inexperienced parent who
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| other neighbors and often a security
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| | had never tried apartment living. The
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| service.
| |
| | older couple quickly found out two areas
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| Similarly if you wish to travel a
| |
| | of concern. First there really was no
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| vacation condo may be a good choice for
| |
| | family area for the grandchildren to play
|
| you. The services are taken care of -
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| | in, secondly the wife was a very proud
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| whether it yard work, overall maintenance
| |
| | and experience cook and was now
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| site security.
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| | restricted to a small galley kitchen.
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| Even if you had bought a house rather
| |
| | .This experiment in condo living
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| than a condo the practical logistics of
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| | collapsed in short order with a threat by
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| finding workers and arrangements are
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| | the wife of marriage separation. The now
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| exceptionally difficult in a practical
| |
| | smarter home owner had to basically
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| sense to arrange long distance both in
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| | replace his previous home. This was done
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| finding workers and coordinating
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| | at a fair cost which seems to escalate
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| arrangements and payment as well as
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| | daily in his mind. To add to the humor,
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| checking on completion and quality of any
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| | his new house is across the street from
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| work done. True phone call costs may be
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| | the older home. To add salt to the wound
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| small compared to what they used to be -
| |
| | previous home recently had a new owner
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| but overall the costs of any project from
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| | who has taken to complaining to the
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| start to finish may be much higher than
| |
| | original owner. In this case if the home
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| they normally will be. As well take into
| |
| | owner wanted a simpler lifestyle wished
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| account the time and aggravation factors.
| |
| | to downsize or had less maintenance
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| A vacation condo purchased by yourself or
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| | concerns when traveling a condo with a
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| shared with a group whether it be friends
| |
| | layout and size relating to the families
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| or family may be the answer.
| |
| | needs might have been a much more
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| What about renting an apartment? An
| |
| | intelligent choice.
|
| apartment is not a condo. Simple as that.
| |
| | Most of the answers in life are actually
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| Apartments, in our society, are meant for
| |
| | quite simple and revolve around basics.
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| temporary living. Up until recently if a
| |
| | What are your needs and financial
|
| person was starting or need temporary
| |
| | resources? Is condo living a wise choice
|
| accommodation and apartment was generally
| |
| | for you and your family at this point in
|
| the answer. If those people had more
| |
| | your lives and careers?
|