Buying a Townhouse
Buying a townhouse is the right move for a lot of people. It has become a very popular housing choice, especially for first-time home buyers. Additionally, they hold appeal to those who are looking for second homes. Quite often the purchase of townhomes is done in areas that would be considered vacation destinations.
This comes as no surprise because folks who are buying in vacation locales are looking for low maintenance. They don't want to spend their time maintaining a second home.
Interestingly enough, lots of people confuse the difference between a townhouse and a condominium. Condo owners just own the inside of their unit. In most cases with townhouses, you own the inside and outside, including the driveway and lawn but not the community areas.
Condominiums have many different architectural styles, including high-rise buildings, ranch style homes, and others that look like a traditional home. Townhouses are typically designed in rows. Townhouses can be built as duplexes as well.
As a real estate agent who has been selling for thirty-four years, one of the things I would highly recommend for those who are going to a home to a townhouse is to understand the rules and regulations. Keep in mind that one day you will be the king of your castle and the next you will be under a group of peoples control. Is this something you will be willing to handle?
I've found over the years that many people do not like being told what to do. When you buy a townhouse or a condo this is exactly what you get. Sometimes the people making the decisions have nothing better to do than make your life miserable. In some neighborhoods the restrictions can be overbearing. Can you imagine being told you're not able to plant flowers or have a garden? It seems silly but this is the kind of rule that makes people regret their townhouse purchase decision.
In the article above you will see a detailed overview of everything you need to know about townhouses. There will be things you have probably not given much thought to as well. The tips provided will put you in a much better position to make a sound decision should you decide a townhome purchase is the right move.
Take a look and if you enjoy the article, share it with those who could use the townhouse advice.
What is a TownhouseLearn the definition of a townhouse along with a whole host of other tips when purchasing one.