Shop For A Home
Once you understand how much you can afford and have a real
estate agent to help, you can begin house hunting. With the various
types of homes available, it might be difficult to determine which
type is best for you and your needs. Take into consideration your
stage in life, desired features/benefits and how many improvements
you're willing to make before moving in. Below is a brief overview
of the most common types of homes to consider in your search for
the perfect home.
Detached, free-standing housing structures or single unit that
can have either one, two or three levels and does not share walls
with any other homes. These types of homes can offer privacy but
also require more maintenance than other types of homes.
Condominiums are individually owned homes that are attached to
one another in a multi-unit building or housing structure and
feature common areas such as fitness rooms and recreational areas.
Condominiums belong to an association comprised of all the condo
owners. The association determines monthly assessment fees as well
as rules that govern the building. While there is less maintenance
required condos tend to have less privacy than a single-family
A townhouse, also known as a townhome or row home, can have one,
two or three levels and shares walls with other similar units.
Townhomes offer privacy like single-family homes and may require
less maintenance if an association is in place like