James Says...
Whether you want to buy a house or a condo is based on the size of your wallet and up to your individual needs.
If you had a house, you sure know how it feels to live in a house.
If you are a condo owner, you can feel that your freedom is limited and you might feel your rights violated.
You have to abide to lots of rules set forth by the (HOA)association.
My friend threw me a birthday party at my condo where a limited number(about 9) of my friends got invited.
As they were about to get their cars to head back home, 4 of their cars got booted.
Completely immobilized!
I had to pay 4 citations at $100.00 per car to release them. If I were to live in a single family home(house), I could have invited as many people as I wanted.
However, you have less to worry about if you are a condo owner than someone who owns a house.
As a condo owner you don't have to worry about outside maintenance and PMI(Private Mortgage Insurance) which usually jacks up your mortgage payment.
Do your homework and make an evaluation of your needs before you make a descision.
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