We have been looking at a lot of town homes and condos with clients who are interested in leaving their yardwork behind and purchasing a home that offers more leisure time in exchange for a monthly Homeowners Association fee. Such fees cover common grounds maintenance and insurance and sometimes water, roof and other items.
Town homes and condos may also be a good choice for parents who want their scholar to study instead of pulling weeds in the yard of a college investment property. Some of these properties offer garages and security which enable you to leave the property for extended periods of time, a perfect scenerio for Snowbirds.
We recently listed two affordable properties, one a condo one a townhome. Both are fixups and one, although it is a town home, has no association fee. See them here and here.
If you are looking for something bigger or better, here is a link to out Town Home/ Condo search page .
There is a lot to know when looking at a town home or condo. You need to check out the bylaws and covenants as well as the financial health of the association, to avoid problems with the HOA or being stuck with an unexpected assessment. We can help you navigate this territory.
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