How to Pick the Home That Is Right for You

How to Pick the Home That Is Right for You

When it comes to something as important as your home, you must make sure that you pick the one that is right for you. 

What kind of home fits you best? When it comes to finding the right home, bigger isn’t always better. There are pros and cons to each kind of house and the only way to know which is right for you is to weigh them yourself. Here are just a few types of houses which may or may not be good for you.

Single-Family Detached

Pros: You own both the house and the yards that come with it. The entire place is yours and you are free to do as you wish – within municipal, city, state, and Federal law of course.

Cons: You own everything, and that means every expense comes out of your own pocket. Unless you are part of an active Homeowners Association, there’s no one with which to share the costs.

Townhouse

Pros: You are a part of a community with many neighbors, but are separated enough to where you can have your own privacy if neighbor-gossip is something you avoid at all costs. Many communities also offer amenities like pools, golf courses, fitness centers, and spas.

Cons: Privacy is an issue and you may be able to hear your neighbors if your walls are not thick enough. Because you live in a community, you may be charged to repair common areas.

Condominium

Pros: You are the owner of the place, the property which you inhabit. There is no yard to maintain or exteriors to paint. Additionally, condos are more affordable than single-family homes.

Cons: You have to pay a monthly condo association fee for maintenance, common area repairs, contingency fund, and condo insurance. As with any home that shares walls, privacy may be an issue.

To find out which kind of home is good for you, contact a dedicated home loan specialist like me, Andraya Coulter. I serve the Bay Area and the entire state of California and Texas with quality, suitable, home loans!

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