You need to know that the pros and cons of a townhouse suit your lifestyle before you make an offer on this type of home. Single-family homes are different than townhouses. A traditional house will be different because you will not be sharing a common wall with other townhouse owners. A...
Condos can be townhouses that are attached on one or both sides to another unit. Or, if the condo is in a larger building or high-rise, it might be surrounded by other units. Benefits of Buying a Condo Are you cut out to be a condo owner, or are you better offbuying a single-fa...
It’s time for yet another mortgage match-up, so without further ado, here’s a biggie: “Renting vs. buying a home.” Or atownhousefor that matter… This is certainly an intimidating question, and one that’s difficult to sum up in one post, but I’ll do my best to cover as man...
Pros and cons of living in a condo If you’re ready to comparecondo mortgage rates, it’s important to also weigh the benefits and drawbacks of the lifestyle, not just the price you’ll pay to move in. Here are some top things to consider. ...
What Is a Condo? Condominiums, or condos, are buildings that have separate units with individual owners. They usually cost less and require less upkeep than a single-family home. However, there are some common spaces that all the owners can share in this type of house. A primary feature of...
Preselling or off-the-plan properties, mainly condominiums and townhouses, are units sold before the completion of the project, while they are under construction, or during their planning stages. This practice allows real estate developers to finance the construction of their project and enables pot...
In some cities, like New York or Chicago, a “duplex” may also refer to a single unit in a multi-family building spread across two floors. These are also known as “maisonettes.” What’s the difference between a duplex, townhouse, condo, and an apartment?
Condo vs. Townhouse: What You Need to Know Before You Buy Can You Back Out of a Mortgage Before Closing? How to Get Rid of PMI What Is a Housing Bubble and Are We in One Now? Can You Back Out of a Home Purchase Agreement? Silent Second Mortgages Condo vs. House: Which Is Right ...
You do not need to use a Redfin real estate agent to qualify for a mortgage through Bay Equity Home Loans. Most lenders require a credit score of at least 620 for a conventional loan and a debt-to-income ratio below 50%. The...