Josy Says...
I owned both in the past 25 years in two different States.
You might have to deal with an HOA for a house also, and it all depends where you buy it. You can have HOA fees, and restrictions on both. Do you have a family?
Are you planning to have kids?
Do you have a green thumb?
Can you take care of your own lawn?
Can you cut your own grass?
Do you make enough money to hire a company to care for your lawn?
HOAs are notorious in Florida, and will pursue you for minor infractions.
How about the economy?
It is the best time now to purchase a home?
The condo does not increase in values over the years, but a house will. It all depends on your particular situation, and you need to evaluate carefully.
I do not need a house, because I cannot afford it. I do not have small children, and am planning to move in a condo (55+ community) in the next few years I cannot maintain a big house, and I am also looking at the social aspect of an adult community.
How old are you?
If you are a young guy, and are still in school a condo will do for now. My sons brought condos, and townhomes while they were in College.
They got married later on, and purchased homes.
You must never buy a one bedroom condo, and should always get at least a 2BRS/2BTHS.
It will be impossible for you to sell the one bedroom, and do not get a 2BRS/1BTH.
They both are almost impossible to sell in the future.
Do you expect your income to increase significantly in the future?
Do you need the equities in the condo to purchase a home in the future?
If you are still in school, and expect to make more money after you graduate a condo is OK for now. You must think hard before you buy a condo, or home. I must remind you of taxes, insurance, and home repairs.
HOA charges $1, 000 per year for a 3BRS/2BTHS home, and does absolutely zero. You are responsible for your own lawn, and the outside of your property including the replacement of your roof. If you are handy I encourage you to get a single family home with no HOA, because it is a rip off. You can ask more questions if you need to in the future.
Good luck!
| All Replies To This Topic |
Author |
Time |
| Would You Buy A Condo Or A House? |
Woody |
3/7 |
> Re: Would You Buy A Condo Or A House?
Most people will prefer buying a house instead of a condominium for several reasons including those ... |
Kenol Aris |
4/29 |
> Re: Would You Buy A Condo Or A House?
I would buy a Condo.I don\'t have the time to do outside work that a House will need. I don\'t even ... |
Judith Jolicoeur |
3/10 |
> Re: Would You Buy A Condo Or A House?
HI MR SAIN PREUX .I think it better to buy a House... |
Louis |
3/10 |
> It's Better To Buy A House Than A Condo
monche in my opinion it\'s better 2 buy a house than a condo because I don\'t think is more on ur ad... |
Jules Felix |
3/10 |
> Re: Would You Buy A Condo Or A House?
i prefer house instead of condo, by the way do you know any where i can find a house to rent.... |
Myrianne |
3/9 |
Hey myrianne, I have website where anyone can post apartments for rent,
It\'s www.A4Rent.com
I... |
woody |
3/9 |
> Buy A House, Not A Condo
I like big back yard for bbq and family gathering so i will say get a house instead, and yes condos ... |
Nadine Denis |
3/9 |
> Re: Would You Buy A Condo Or A House?
i would buy an house simply because it can b equity...and a condo is ok if u are a person without fa... |
Tiwane Daniels |
3/8 |
> Re: Would You Buy A Condo Or A House?
Whether you want to buy a house or a condo is based on the size of your wallet and up to your indivi... |
James |
3/8 |
> Re: Would You Buy A Condo Or A House?
Buying a condo is just like you were living at your parent house. There\'s no party aloud and also n... |
Youseline P Simon |
3/7 |
Is buying a condo really that bad or does it depend where your buy it?
Being a slave of the Frenc... |
woody |
3/8 |
| > Re: Would You Buy A Condo Or A House? |
Josy |
3/7 |
I was thinking about buying a condo as a quick alternative to renting.
Since I\'ve decided to m... |
woody |
3/8 |
> Re: Would You Buy A Condo Or A House?
i dont know anything about neither one, but i\'d say go with the condo
I think houses are more co... |
Ericka |
3/7 |
IN MY CONDO
Rule # 1 the curtains in my windows have to be white (no colors)
Rule #2 can ... |
suze |
3/8 |
Well, the real complicated part of owning a home is that you have to do everything yourself or pay s... |
woody |
3/8 |
> Re: Would You Buy A Condo Or A House?
It\'s a personal choice to buy a house or a condo. It\'s depend on your age and or your lifestyle.If... |
Getty |
3/7 |
> Re: Would You Buy A Condo Or A House?
Either one can come with fees. I have a house in a subdivision with association fees (HOA)home owner... |
Nativita |
3/7 |
> Re: Would You Buy A Condo Or A House?
I think a condo would be nice I understand about the fee but you don\'t have to worry about maintnen... |
Zaboute |
3/7 |
> Re: Would You Buy A Condo Or A House?
Woody don\'t forget when you live in a condominium you are became part of the condom association, be... |
Jean Alix Jean-simon |
3/7 |
Maybe this is my problem, I don\'t really like the repetitive tasks that come with home ownership, t... |
woody |
3/8 |
> Re: Would You Buy A Condo Or A House?
Condon: you will be pay a maintenace fee that include snow removal,grass care roof repair/replacemen... |
Tuina |
3/7 |
All the blogs seem to have valid points. House vs condo. It depends on how long you would like to ke... |
bernadette S. |
3/7 |
> Re: Would You Buy A Condo Or A House?
Hi Woody
I would suggest you to go for a house, because you have more freedom for your self and fam... |
Jean-francois Turenne |
3/7 |
Even in neighborhoods with homes code enforcement can be a pain. One time they threatened to fine m... |
woody |
3/7 |
> Re: Would You Buy A Condo Or A House?
A house is the best my friend don\'t even try cause people made that mistake try to drop on the orth... |
Jean |
3/7 |
One touch and the train?
Is that some type of house?... |
woody |
3/7 |
> Re: Would You Buy A Condo Or A House?
Follow your heart , condo like can be stress free . It\'s probably easier for someone like you who t... |
T . Laguerre |
3/7 |
|
|
marie |
3/8 |
I tend to agree with you Marie .... |
t Laguerre |
3/8 |
You know something, these are the reasons why I am thinking about the condo, I do travel a lot
Is... |
woody |
3/7 |
Also one drawback, it\'s HOA , home owners associatoin , it\'s all the fees for maintenance like gar... |
t Laguerre |
3/7 |
Nothing is really stress free , but when you live in a condo , all you have to do is hold your mail ... |
t Laguerre |
3/7 |
Yeah but, it\'s not thegood place to raise a kid if you have any (Your own house is the freedom to e... |
jean-francois Turenne |
3/7 |
That\'s why I ve been thinkne about the condo. The house I had in mirasmar Fl cost me exttra money t... |
woody |
3/7 |
Whether you want to buy a house or a condo is based on the size of your wallet and up to your indivi... |
james |
3/7 |
IT IS BETTER TO BUY A 2 BEDROOMS CONDO BECAUSE IT IS EASIER TO SELL.... |
mdangervil |
3/9 |
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