There are many reasons why people would rather buy a condo than a single family residence. These resons are as follows:
Price: Many condos are better than residential homes; this allows many first times home buyers the opportunity to own property, gain equity and still be able to live their lives outside of mortgage payments.
Maintenance: Most of the condominium complex is managed by a homeowners association or sub-contracted with a professional company. You can checkout Biltmore phoenix apartments online.
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Grass and shrubs are looked after by gardeners instead of homeowners; contributions are collected and put in a reserve account to cover large costs such as roofing or asphalt paving. The owner doesn't need to worry about exterior maintenance, unlike a single family home. This saves time in today's busy lifestyle.
Facilities: Some complexes offer facilities such as swimming pools, sports centers, community buildings and more.
Community environment: Some people enjoy living in an environment where they can socialize with their neighbors.
Location: Most condominium complexes are located within cities; this allows the owner the opportunity to access all the amenities of the city that lives right at their doorstep.
Rules and regulations: Some rules are made to maintain order in the complex. You can search various online resources to find out more.