Home Decor

eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
Business & Money
Technology
Women
Health
Education
Family
Travel
Cars
Entertainment
Featured Sites
SD Editorials
Online Guide and article directory site.
Foodeditorials.com
Over 15,000 recipes & editorials on food.
Lyricadvisor.com
Get 100,000 Lyric & Albums.
  • Business & Money
    • A Guide to Business
    • Guide to Finance
    • Ideas for Marketing
    • Legal Guide
    • Guide to Insurance
    • Lettre De Motivation
    • Guide to the Stock Market
    • Human Resource Career
    • Sales Marketing
    • Forex & Trading
    • Advertising & Marketing
    • Startup Guide
  • Technology
    • Guide to Technology
    • Cell Phones
    • Computer Software
    • IT Hardwares
    • Internet
    • Online Security
    • Cameras
    • Search Engine Optimization
    • Science & Technology
  • Women
    • Guide to Women
    • Relationship Advice
    • Marriage
    • Jewelry
    • Pregnancy
    • Fashion Style
    • Divorce Guide
    • Wedding Guide
    • Dating Guide
    • Natural Beauty
  • Health
    • Guide to Health
    • Guide to Medical
    • Plastic Surgery
    • Weight Loss
    • Sports
    • Body Wellness
    • Cancer Treatment
    • Common Illness
    • Health & Lifestyle
  • Education
    • Military Service
    • Politics and Policy
    • Arts & Humanities
    • Education and Teaching
    • Learn Languages
    • Colleges & Universities
  • Family
    • Quality Home Improvement
    • Hobbies and Interests
    • Family Guide to
    • Pet Guide
    • Loans Guide
    • Credit Cards
    • Gardening Guide
    • Home Security
    • Real Estate
    • Home Decor
    • Gift & Present
  • Travel
    • The Travel Guide
    • Adventure Travel
    • Cruise Ships
    • Beach Holiday
    • Travel Accommodation
    • Holiday Destinations
  • Cars
    • Information on Cars
    • Traffic Violations
    • Auto Insurance
    • Trailers
    • Sport Cars
    • The Bikes
  • Entertainment
    • Entertainment Guide
    • World Music
    • Photo & Video
    • Television & Games

Living During The Great Depression

    View: 
More Articles from
Pa Real Estate Auction
All Secure Self Storage
Be In Good Shape
Buying A House In Oblivion
Foreclosed Home For Sale
Keeping Cool In Hot Weather
King Of The West
Plans For Modular Homes
Saint Joseph Home Sell
Westhampton Beach And Tennis
What Are Key Terms
Windows Xp Home Safe Mode
Keeping The Mold Out
Key Things You Need To Be Aware Of When Buying Foreclosed Properties
Key ingredients to a Real Estate Contract
Knowing Buyers Brings Better Negotiation
Key To Success In Real Estate Appraising
Kendall Real Estate - Most Popular In Miami
Kentucky Real Estate -- Lexington
Keeping The Buyer In Mind
Keystone, Colorado - For Fun and Profit
» More on
First Time Home Buyers Guide
Here are some of the steps prospective buyers should follow when contemplating buying a condo.



Condominiums, an alternative to buying a single family home, can be a great transition from renting to owning. In a condo community, individuals purchasing living space within a portion of a building which is shared by others. Residents share ownership of common areas.

For senior citizens and those without kids, condos can be a very practical investment. Most condominiums require minimum upkeep or property maintenance concerns compared to single family houses. Condos can be more affordable than single family houses however when it comes time to sell your condo, it can take a bit longer.

Do your research

When a prospective buyer looks to purchase a condo, they should conduct research via real estate websites, newspapers, magazines and books. Prospective buyers may want to find a real estate agent or a developer selling condos directly. When researching a condo, take notice of certain important characteristics which include:

* Location within the state, city and neighborhood

* Location within the building (penthouse versus ground floors)

* Parking spaces provided

* Number of bedrooms and square footage

* Proximity to basic amenities, such as grocery stores, banks, restaurants or malls.

* The percentage of units completed, sold and occupied.

* New construction versus a conversion of a building.

* Specific requirements of the homeowner association.

Costs Associated with Purchasing a Condo

Most buyers finance a condo or single family home by taking out a loan. There are additional expenses beyond the actual purchase price, which can include private mortgage insurance, and taxes. When purchasing real estate, it is important that you can pay all costs to avoid real estate foreclosure.

When purchasing a condominium specifically, buyers must also pay a mandatory monthly homeowner associate fee. In the condo by laws, the governing body outlines areas jointly owned by residents such as walkways, pools or lawns. The HOA fee pays for maintaining these jointly owned areas. All monthly dues are placed in the HOA account. If owners fail to pay the monthly fee, the homeowner association can enforce a lien and foreclose on the unit.

Find something you like? Investigate the Condominium Complex

Most condo communities have regular HOA meetings to discuss important issues affecting the community. Obtain a copy of the minutes from the homeowner association meetings to see if the residents cooperate. The minutes also can outline important issues affecting the complex.

Find out how much money remains in the HOA reserve funds, which funds regular maintenance and emergency repairs on the building. If the condo community contains a small reserve, residents have to cover the costs of unexpected bills in the future.

Determine how many projects or assessments by the HOA were conducted for the last ten years. How old is the roof? When was the last time the building was painted? If the homeowner association's board of directors functions properly, then the community may be a desirable place to live.

Once you have found the condo that you like and qualify for and talk with current owners to determine their likes and dislikes, you can finally start the financing process and eventually move into your dream condo.
  • Related Articles
  • Author
  • Most Popular
•Before The Great Depression, by Abbi Rouse
•Businesses During The Great Depression, by Rsins
•During The Great Depression, by Gurly
•Events During The Great Depression, by Kristian
•Living During The Great Depression, by Andrew Stratton
Andrew Stratton has sinced written about articles on various topics from Motorola Cell Phone, Tummy Tucks Before and After and Political and Social. In Hendersonville, NC, real estate professionals are expert in the unique, local real estate market. For condos or single family homes, you want to work wi. Andrew Stratton's top article generates over 246000 views. Bookmark Andrew Stratton to your Favourites.
Cigar Vs Cigarette Smoking
Maybe its a family member or good friend.Now, ask yourself if that cigarette was worth it?Well was it?
 
A Guide to Business | Guide to Technology | Guide to Women | Guide to Health | Family Guide to | Travel & Vacations | Information on Cars

EditorialToday Home Decor has 1 sub sections. Such as Home Decor. With over 20,000 authors and writers, we are a well known online resource and editorial services site in United Kingdom, Canada & America . Here, we cover all the major topics from self help guide to A Guide to Business, Guide to Finance, Ideas for Marketing, Legal Guide, Lettre De Motivation, Guide to Insurance, Guide to Health, Guide to Medical, Military Service, Guide to Women, Pet Guide, Politics and Policy , Guide to Technology, The Travel Guide, Information on Cars, Entertainment Guide, Family Guide to, Hobbies and Interests, Quality Home Improvement, Arts & Humanities and many more.
About Editorial Today | Contact Us | Terms of Use | Submit an Article | Our Authors | Most Popular