I'm selling my house to move into a townhouse, hoping to eventually move into a condo, am I making the right move?
2007-06-20 00:40:39 · 7 answers · asked by paul g 2 in Business & Finance ➔ Renting & Real Estate
So long as it doesn't break your bank account, follow your heart.
2007-06-20 00:42:49 · answer #1 · answered by SGElite 7 · 0⤊ 0⤋
Horrible move! Many people with a townhouse wish they owned their own house. You can pay a kid to cut your grass for a LOT LESS than the fees in a townhouse. The association might be or become disfunctional. People on the board are often vindictive if they don't like you (say because you voted for whoever was running against them). Also, from time to time people are hit with large assesments. If you own a house and the roof needs changing you have some control over if you do it this year or next but not with a townhome. They also send people into your private home to do work from time to time that you didn't pick and NEVER would have picked but the guys uncle is on the board and if you complain about the muddy footprints on the rug and how you don't want these guys in your house then you can get discriminated against.
2007-06-20 00:54:54 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Only you can answer that question.
A townhouse or condo isn't MY preference but I can't possibly speak for what YOU would want or need. I like to crank my stereo to Warp-9 sometimes, not exactly do-able in a townhouse or typical condo, so give me a place a bit more rural with the neighbors a couple of hundred feet or more away so that I don't disturb them.
2007-06-20 01:19:39 · answer #3 · answered by Bostonian In MO 7 · 1⤊ 0⤋
I currently live in a townhouse and am looking for a single family home. I love my current home, but now want my own yard. Getting a single family is going to cost me more money (higher mortgage, higher taxes, more repairs, etc). If you don't need a yard and looking for something cheaper, I think a townhouse would be perfect for you. Good luck! :)
2007-06-20 03:52:05 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Everyone and every situation is different. Make up your own list of pro's and con's and think through your plans.
If you think this is the best move then you should do it. If you have doubts then you should ask specific questions to get the information that you need to make your decision. Then don't second guess yourself anymore.
The right move for you may be the wrong move for someone else.
This answers you get from this question will not do anything for you so my only suggestion is to delete it if possible.
2007-06-20 04:27:25 · answer #5 · answered by Not Laughing w/ U 3 · 0⤊ 1⤋
There are pros and cons. You have the expense of maintenance fees, but then you don't have to mow your own lawn. You can pretty much decorate as you wish inside, but anything outside, including planting, must conform to a code. Personally, I'd rather not have to mow the lawn. Good luck with your new home.
2007-06-20 00:43:39 · answer #6 · answered by LadyG 4 · 0⤊ 0⤋
Real estate values are based on location, location, and location. Depends on what you have need for. Homes generally increase in value more that townhomes.
2007-06-20 00:51:18 · answer #7 · answered by james d 2 · 0⤊ 0⤋