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Types of Homes
Condos and Townhomes
Buying a condo or townhome can be a great option for individuals or families. Attached homes tend to be more energy efficient and require less maintenance. These communities usually include Home Owner Associations (HOA) which are established to enforce covenants, maintain common and recreation areas, and may provide utilities and services. Monthly HOA fee's should be taken into account when budgeting for your new home.
Single Family Homes
The single family home is the most popular type of living situation is in America. These homes do not have structural attachment to neighboring units. Owning a single family homes also means owning the land on which it is built giving home owners the greatest amount of control over their investment. Enabling homeowers to design and create their ideal living spaces inside the home and out.
New construction and newly built homes are another great option for homeownership. Having a brand new home can give home owners peace of mind and a unique sense of ownership. However, a major drawback with new builds can be the length and complicated sales process. When looking into new builds make sure you are properly represented by REALTOR® you trust to ensure the protection of you earnest money and that you get the best deal possible.
Multi-unit and Commercial
Buying a multifamily (4+ units) property can be an important next step for a homeowner or investor who is interested in scaling up their real estate investment portfolio. Multi-unit residential and commercial real estate investing can allow you to produce more income and build net worth faster, if you can tolerate the risk and responsiblity.