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Old 08-05-2009, 06:06 PM
 
1,566 posts, read 4,425,300 times
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Who can give me a good reason for buying a condo rather than a house?

I know condos are less expensive and require less upkeep, but those HOA fees scare me.
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Old 08-10-2009, 06:51 PM
 
Location: Santa Clara, CA
6 posts, read 28,176 times
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Typically Condos are a great way to enter homeownership and reap the benifits of tax writeoffs, equity pay down and build up. The condo buyer has little maintenence responsibility and a more social atmosphere more typical of the younger, single, or elderly crowd.

The HOA's may pay for more than you expect.

HOA's usually cover:

Fire Insurance
Exterior Maintenence
Garbage Service
Water
Etc.

All things you would need to pay when buying a house and typically work out to a similar expence.

I, on the other hand love my garden and having a yard for my dog to play in so I prefer a house even though it may be more expensive.
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