🏡 Real Estate News: October 2024

Contemplating Buying a Place: Residential or Condominium? 

A residential home is a standalone structure, usually with its own land, that may or may not include a homeowner’s association. In contrast, a condominium is typically a unit within a larger building or complex where you don’t own the land and may own a common interest in a community. The residential vs. condominium home comparisons often center around these fundamental differences: ownership of the land, price, taxes, built-in community, restrictions, homeowners associations, amenities, etc. If you are considering buying a home and want more information about what may influence your decision regarding the differences, contact us today. We are here for you and would be honored to help you navigate the details in making the right decision for your particular needs. 

Hop Off That Fence: Gameplan

Though interest rates fluctuate, we encourage you to continue to establish your game plan and take action. Over time, real estate continues to prove to be a great investment opportunity making a solid contribution into your future. Stay in pursuit of your goals! Drive areas, research specific neighborhoods, school districts, and community amenities, in an effort to get a sense of where you’d like to reside and invest. Keep your lender pre-approval letter or proof of funds to close current and ready to go. If you have a home to sell in order to complete your next purchase, we prompt you to complete any outstanding tasks that could delay your ability to bring your home to market, as purchase properties that come up spark your interest. Remember, we are here to assist in executing your game plan!