Townhomes, Condos and Co-ops
In addition to a single-family home, there are other great home options, such as a townhome, a condo and a co-op. Part of the RJRE consultation process is discussing the pros and cons of such a purchase.
When buying a townhome, condo or co-op, there is more to consider that when buying a typical house. Not only do you need to find the right size, the right floorplan, and the right neighborhood, but you also need to find the right condo or townhome association, the right parking situation, and the right rules and regulations, along with a number of other things such as a place with the right insulation and construction to keep neighbor noise to a minimum.
Here are just some of the things Russell Jones helps their buyers identify when they are in the market for a condo or a townhome:
Monthly Fees
Stairs or Elevator
Common Spaces Vs. Private Spaces
Maintenance
Utilities
Garbage
Rental Cap
Building Age
Insurance
Security
Amenities
gym, rec room, playground, pool, or community room