With low maintenance and high affordability, condos are an excellent choice for many home buyers.
Why spend the afternoon in the yard pulling weeds or mowing when you could just wander out to the community pool and relax? The decision is easy for many people, especially those who value their leisure time and freedom to travel.
Opting for a condominium in a neighborhood where the cost of property management and exterior maintenance is included with the monthly fee can help you avoid the drudgery of maintaining a single-family home. Adding to the appeal is the fact that most condominiums have an entry cost substantially lower than a single-family home, along with fun amenities, such as tennis courts, walking trails and playgrounds.
As with most of life’s major decisions, however, there are many details that should be carefully reviewed and analyzed before moving forward.
To help you make the best decision to fit your current needs and goals for the future, here is a list of some of the common mistakes to avoid when purchasing a condominium:
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The 2023 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.