PennyMac
APRIL 18, 2022
The ability to decorate your walls, or paint them sky blue, and live with a pet without landlord approval makes buying a home attractive, as do the substantial financial benefits such as tax savings and equity building. Buyer builds equity in the home. Property taxes and HOA fees are the buyer’s responsibility.
Zillow
JULY 30, 2018
Don't forget about those small repairs that you won't be calling your landlord about anymore. Sure, that monthly mortgage payment seems affordable, but don't forget to take homeowners association (HOA) fees into account. On average, HOA fees cost anywhere from $200 to $400 per month. Maintenance and repairs. You get the idea.
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Lamacchia Realty
FEBRUARY 19, 2024
Low-rises are located both in urban and suburban areas, meaning home buyers have the option between a lively city life or a peaceful suburban feel. Amenities for loft condo owners vary and all depend on the specific HOA. However, what you should be aware of is that even though you own your condo, it’s managed by the HOA.
Raleigh Realty
MARCH 29, 2021
With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. Make Predictable Monthly Payments When you're a renter, you're at the mercy of a landlord. Your neighborhood may require homeowner's association (HOA) fees, too. You might see your rent prices go up each year.
Lamacchia Realty
FEBRUARY 18, 2022
So, even if you rent a condo, your landlord will be a single person while, if you rent an apartment, your landlord will be a company. However, what you should be aware of is that even though you own your condo, it’s managed by the HOA. HOA The Home Owners Association manages condos and their communal areas. Car parking?
Quicken Loans
APRIL 6, 2021
But, these days, an increasing number of home buyers are forgoing the detached, single-family home in favor of the more community-minded style of living that condos and townhouses provide. Townhouses and condos both refer to a type of ownership, meaning you won’t have to pay rent to a landlord.
Raleigh Realty
MAY 3, 2021
First-time home buyers have many advantages available to them when it comes to first-time home buyer mortgage programs. A landlord can ratchet up rental payments whenever they want to. These are excellent choices for buyers with low incomes. Does the home have any homeowners association (HOA) fees or requirements?
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