Tuesday, 2 April 2013
Advantages of condo living vs. single residential home
Singles, small families, older people often choose to own a condo instead for the reason no maintenance, less expensive to purchase and fit their lifestyle better. It is also a good investment if you have a good Realtor, specialized in condos and will give you sound advice and a plan makes sense for YOU to buy a condo.
Here are some of the great advantages and features you will get by make your home in a condo:
a. The view can be spectacular starting at a low level and better you go higher, of course it will cost you. However you want to check with your City’s planning department to see if they are planning to build another high-rise next to you, what would take away the view or partially block it. Make sure it is cleared up before you even give an offer. Your resale value will suffer with no view, for sure.
b. Maintenance fees, condo fees are set and you can budget for it. More so if you buy a new condo, there will be no surprise charges to repair older elevators, garages and so on. It also includes some utility bills as well; you do not have to make extra effort to pay those bills. Also your Condo Corp will have exterior insurance, comes handy time of need. If you have added values like gym, swimming pool, rooftop patios, underground garages and so on, you condo fee will be higher, however just think of, you are paying for convenience.
c. Renovating and adding extra glamour to your condo, like new hardwood floor, new jacuzzi hot tub, granite counter tub will make you home more enjoyable to live in and it will sure ad value when you sell. Also stainless steel appliances and modern lighting fixtures are little tricks to ad to increase resale value. “Lipstick” if you will, can elevate the return, just do not over do it.
d. MortgagePRO Ltd. a Calgary Mortgage Broker will help you to get the best rate mortgage custom fitted to your circumstances and needs. Able to get you a mortgage, even if you have some age, credit and or job issues and or you are self-employed, new to Canada and or have other problems, we have a plan for all. When you buy a condo, first make sure you can qualify, get a FREE consultation session with one of the MortgagePRO Associate. MortgagePRO is well connected and able to get you a mortgage across Canada, no matter where you live. Our We are your best bet to get the low rate and best product what you deserve and we will make it sure you will get it, no matter what city you live in.
e. Other advantages are condo living like if you in the position to travel, you just lock your door, give your cats and dogs to your relatives and your plants to your neighbors and off you go. No worries. Many buildings have security guards on site, what also will give you a sense of security.
You must though, contact MortgagePRO Associate before you venture into condo buying, for the very reason; there are other step have to be taken so you will not be taken, like: Condo Corp documents to study, reserve fund reports and other important steps to make you are well informed and protested. MortgagePRO Ltd. has an in-house realtor, he will assist you with many of these task and we will get you PRE-APPROVED, so your home buying experience will be dealt under the same roof and it will be indeed a pleasurable experience.