When purchasing a home, in addition to home itself, there is a laundry list of questions potential buyers ask themselves: What will my commute be like? Am I close to shopping and entertainment? What does my neighborhood have to offer as far as amenities? When purchasing a home, the answers to these questions may have an impact on your quality of life.
Condos have become increasingly popular for homeowners who want to enjoy the benefits of homeownership while also enjoying a number of perks that a traditional home may not provide. Below, we have a few of the many advantages of “living the condo life.”
Say Goodbye to Yard Work
One of the best advantages of owning a condo is saying goodbye to yard work. When you own a traditional home, you are responsible for the entire home. That includes yard maintenance. Just think about the many hours spent each year mowing, weed eating, hedge trimming and general yard maintenance. When you own a condo, all types of outside upkeep is taken care of by the homeowner’s association, so you don’t have to.
Bring on the Amenities
Another advantage of purchasing a condo are the amenities. Many condos often include shared community living areas such as fitness centers, swimming pools, movie screening rooms and more. Amenities vary, so be sure to research to ensure your building comes with the amenities you desire. But, the convenience alone of not having to leave the building to get a workout in or take a dip in the pool is appealing.
Location. Location. Location.
It’s been widely stated that the most important rule of real estate is location. As cities continue to add more restaurants, shopping and entertainment to downtown areas, the need for more convenient residential properties has increased. Many professionals who work in downtown areas are opting to skip the long commute to the office and instead take up residence near their place of employment or around their favorite entertainment and shopping needs.
On-site Security
They say you can never be too safe these days. Another advantage of living in a condo community is the on-site security. Most condos provide numerous safety measures for residents. Security guards, badge-only parking, cameras and more are pretty standard for condo communities, allowing you and your loved ones to feel safe knowing these measures are in place.
Trust the Experts
If you are considering forgoing the suburbs and living the condo life, trust the experts at Colonial. Working with a lender you trust is important. Colonial’s team of mortgage professionals can help walk you through the purchase of your condo. If you would like more information about condo loans, give us a call today at 817.390.2000, or contact a loan officer to get started. To get prequalified, apply here.
My brother and his cute family are looking for a place to live and I was wondering if he should start browsing condos. You wrote that condos are often located where businesses, entertainment and shopping are located. This would be perfect for my brother and his family, as they wouldn’t ever have to go very far for fun activities to do together with the family.
Hi Rachel,
Thank you for commenting – we would love to help your brother and his family. A list of our loan officers can be found on our main website at http://www.gocolonial.com/Pages/LoanOfficers.aspx.