Advantages and Disadvantages of Condominium Ownerhip
January 24, 2008 on 4:35 am | In Advantges/Disadvantges | Comments OffAdvantages of Condominium Ownership
• There is little to almost no maintenance responsibilities
• A condominium can be bought, sold, or refinanced, with very little, if any restrictions
• The cost compared to housing is generally lower than the fees of simple housing
• Expense for housing expense can be lower than when one rents a comparable unit
• Housing expense is relatively stable (versus rental)
• Often, close-in desirable location
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