Urban renewal is becoming more and more popular. Most of the people moving back in to the urban areas are baby boomers and executives with some free time on their hands. For this reason most of them are choosing to live in a condo. The trend of turning former apartments or an old factory in to condos has helped to turn around some of the urban areas. You can find great homes for reasonable pricing or a top notch location for a higher end price.
Before you buy a condo you should do some research into the condo rules and regulations? Each community will have their own fees and rules. You should familiarize yourself with each of these to understand what rights and responsibilities you as the condo owner will have.
Find out who is enforcing the Condo rules and regulations? Is it a homeowner association? A management company?
Most of the time condo owners are responsible for everything on the interior and the association is taking care of everything on the outside of the building. In some cases you may have an assigned parking space in an underground parking garage. When the condo is on a lake you may have a boat dock you can lease.
Some of the condominium associations might charge you an additional fee that helps them to offset any exterior repairs they might encounter and that fee is most of the time part of the condominium fee you have to pay, in addition to your mortgage and insurance payment.
Some other things to consider is that when your condo is on the 38th floor, are you willing to run down 38 flight of stairs in emergency? You may also have other restrictions due to the building or condo associations rulings.
The nice part with a condo is that you are only responsible for the interior of your condo and the condo association is responsible for the exterior of the condo. You don’t have to worry about cutting the grass, fixing a roof leak or making any other exterior repair. The downfall is that the exterior maintenance upkeep is only as good as the condo community management company.
Either way, like with everything, there are positive and negative things you need to consider when choosing a condo to purchase. When you have any additional questions about condos feel free to contact the Settles Team.

During your vacation stay find out where medical care is located. According to AARP, more than 60% of Americans ages 50-64 have at least one of six chronic conditions such as hypertension, high cholesterol, arthritis, diabetes, heart disease and cancer. Once seniors reach the age of 65, more than 80% are affected by one of these chronic diseases. Close proximity to hospitals, doctors, and medical facilities should be considered when retiring.
In one of my blogs I discussed how to
Another thing to look for in your policy is liability coverage that covers not only accidents, but also assault and battery. Regardless of how much we like our neighbors, friends, and family, when we invite them over to our home they may bring with them their personal life we might not know about. If they decide to duke out their disagreement on your front lawn you could be liable for damages or injuries they sustain. You need to make sure you are covered.
Never give up
Just as in previous years,
Brookside is one of Westfield’s premier neighborhoods with a variety of custom homes. Due to the variety of custom builders building in this Neighborhood you never will have a house that looks the same as your neighbors.
This year the
The Brookside neighborhood itself is a very diverse and stylish neighborhood with home prices ranging from $600,000 to $1.7 million. Just minutes away from all major conveniences like recreation, shopping, and schools. Brookside is located on 161th Street East of US 31.
Every one of the builders being showcased at the
Even when you have an open floor plan you still can find corners that will be quite enough for conversation or relaxing. Hideaway spaces like a hidden game room or reading /play room found itself into their design as well.
Pocket and barn doors have finally made their way back into the Midwest building style. It makes a stylish addition to a home and also will make room for other amenities. Clean lines and simple but stylish décor design helped showcase the builder’s craftsmanship.

One of the options could be seller financing. During the closing not all of the money is collected that is due to the seller. The seller is taking a promissory note and the title is still transferred to the buyer.