A Dallas Condominium May Be The Perfect Home Choice

Townhomes

Condos may be the perfect choice when weighing the pro's and con's of owning and maintaining a house with a yard versus a more maintenance free lifestyle. For many Condo living is a preferred choice with fewer responsibilities, but there are more rules to adhere to.  Expenses vary, and part of the financial consideration to review is the monthly condo fees.  These are the expenses of maintaining the property that are shared by all of the owners in the community, and can run from as little as $100 per month to over $1,000 (or more).  It is important to review all of the HOA documents for the fees, maintenance and reserves required for a unit within a community to be sure that you budget your overall monthly costs correctly on owning this type of home.

For more information, please visit my website at www.LisaSellsTexas.com

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Lisa Von Domek

 

Lisa Von Domek
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Lisa Von Domek & Associates, LLC / Real Living Real Estate Group 
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Comment balloon 4 commentsLisa Von Domek • January 21 2017 04:34PM

Comments

Nice post. I think it very important for buyers to have an agent who will check the HOA for fees, potential assessments and how the HOA is being run.

Posted by Jeffrey DiMuria 321.223.6253 Waves Realty, Florida Space Coast Homes (Waves Realty) over 2 years ago

Hello Lisa, Always lots of wisdom in your blogs and this one on HOA is interesting.  Make it a great day!

 

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) over 2 years ago

Hi Lisa

The decision to buy a condo vs. a single family home is very much a personal choice (although in some areas here budget alone will determine that) and any buyer should do a very thorough investigation to understand all the costs, potential assessments, rules and regulations, etc.

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (Solutions Real Estate ) over 2 years ago

Hi Lisa, thank you for the information, i have a client considering a condo now vs a house and this easily explains the differences to consider.

Posted by Hrisco & Associates, Roanoke Homes for Sale - Roanoke Neighborhoods (Hrisco & Associates ) about 2 years ago

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