Real Estate Choices You Should Consider and the Benefits They Provide

1. May 15, 2017 Real Estate Choices You Should Consider and the Benefits They Provide Image 1: Residential Real Estate Choices to See and What They Provide Long-Term Whether you’re buying new or older properties, the type of home you purchase should be a top priority. It can, after all, be the deciding factor on how long you live in a certain area. The following housing options may be perfect for you and your family. Single-Family Detached If you have a family and are looking for a little more privacy, a single-family detached dwelling may suit your needs. These structures, featuring a freestanding design, usually rest on large lots that afford you space for leisure activities and provide greater storage options. Page | 1

2. You own both the property and home that comes on it, which is perfect if you plan on completing your own renovations. This shouldn’t be a problem as long as you follow the area’s zoning regulations. You have the freedom to build additional carports or sheds for more storage, something that’s difficult to achieve in a property near a crowded or busy street. Townhomes Townhomes are essentially properties that share walls and driveways. Once thought to be small and standard living quarters, townhouses actually offer many custom floor plans with an open design. They give you that community-like atmosphere, where communicating with your neighbor is as easy as walking a couple of steps next door. These dwellings also give you access to some useful amenities, including gyms, golf courses, pools, and spas as long as you pay the annual fee. They provide the perfect middle ground between single-family homes and condominiums. Financing is a little trickier with these properties, though, since some of the structures are shared, making it harder to get an accurate appraisal. That’s why it’s important to hire an exclusive buyer’s agent who has specific experience with these properties. They’ll help you get an accurate appraisal and facilitate financing by making sure paperwork is filled out correctly and submitted on time. Condos Condos are a lot like apartments. They’re attached together and share similar facilities, including party rooms and lobbies. Where they differ is the fact that you own them outright. You can do whatever you want to the structure as long as you follow the condo association rules that were provided when you first purchased the property. Condos are also more likely to be built in taller buildings than townhouses. Unlike single-family detached dwellings, there is no yard to mow or water. You’ll have extra money and time to work on the interior structures if you so choose. Condos are also generally more affordable than single-family properties, requiring a down payment that’s 20% of the purchase price. Page | 2

3. As you can see, there are many types of real estate you might consider for you and your family. If you take into account long-term needs, you can find a property that fits your lifestyle to perfection. About The Buyer’s Agent of East Florida: If you’re looking for quality properties, you don’t have to try hard when you get help from The Buyer’s Agent of East Florida. We represent just you, the homebuyer, never the seller. We therefore negotiate to get you, the home buyer, the best deal possible. Not only do we offer excellent customer service, but we also protect your privacy. Sources: How Much Money Do You Need to Buy a Condo, homeguides.sfgate.com Condo-Buying Walkthrough: Reasons to Buy a Condo, Investopedia.com Page | 3