Renter’s Advice and Resources

Renter’s Advice and Resources

The Pros and Cons of Condo Renting

Staff Writer

 · Aug 26, 2010

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Condo renting may be a great alternative to living in an apartment complex. However, living in a rented condo comes with a very specific set of possible problems. Prior to renting a condo, seriously consider the following pros and cons. Pro: Private Ownership Most condominiums are owned by private owners, and private owners often have […]

You’ve probably lived in an apartment at some point in your life. Maybe you’re still an apartment-dweller, or maybe you moved on to a house. Regardless of your situation, you’re now wondering if condominium living could be right for you. It’s not just for old people anymore, after all—new homeowners are considering condominiums for affordability, just as individuals at retirement age are considering them to downsize from a home to a more manageable property. Read on for some facts about condo that may ultimately affect your decision to sign that condominium contract.

aptsherpa

 · Apr 17, 2006

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When it comes to renting an apartment, it’s not quite as simple as whipping out the family American Express card. Apartments require cold hard cash, either through a check or money order. And since the initial amount due can be quite high, it’s best to start saving up early when you’re thinking about moving. Typical move in costs include first month’s rent, an application fee, and a security deposit. And if you’ve enlisted the help of a broker, you’ll have to pay them off as well. Apartment loans come into play if you’re actually investing in an apartment complex by purchasing one or many units. These could be for people wanting to become property managers, or individuals looking for an investment they can live in!

aptsherpa

 · Feb 1, 2006

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