2. A townhouse is like a
middle-ground between a
fully fledged condominium
and single family home
that is detached.Visit
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info. To some extent,
townhouses have
attributes of single family
houses and condos.
3. A townhouse is basically a
house that is part of one or
many other houses and it is
found on a plot that is also
owned by you. The
townhouses can be
duplexes, triplexes or large
townhouse communities
that harbor a lot other
similar homes.
4. The structure of townhouse communities may vary. In
some cases, it might be a mere agreement that states
that every parcel of land as well as the home that is found
on it is owned separately. This is mostly for duplexes and
triplexes. As for the bigger townhouse communities, there
may be an extra shared ownership especially in the shared
places of the complex and other amenities like park areas
and swimming pools. This ownership is usually shared
equally among all owners of the townhouse complex.
5. Some townhouse purchases usually involve a Homeowner's
Association. It is very important that you get enough
information on these since the association might have an
effect on your ownership experience of the house.
One advantage you will have when you buy a townhouse is
that you will not need to do a lot of exterior repair as well
as maintenance. Even though you may own a small yard,
you will not need to manage it. The homeowner's
association will be the one in charge of all repairs and
maintenance services.
6. But it can also be a disadvantage to be under the
homeowner's association since you will have to live by its
rules. The association could be having rules that are anti-
dog, or they may also have rules concerning renting out or
landscaping. Such restrictions may make your stay in that
particular house harder and also make it difficult for you
if you want to do a resell later on.
7. A townhouse allows you to live more independently as
compared to other houses such as condos. You will have a
small yard, your own front door and you may also have
your own parking garage. Since many townhouses are
considered to be single family homes, the renting fees for
them are not very high.
8. Townhouses are usually
freehold and therefore you
will not find any additional
corporate fees attached to
them. In the event that you
can across a house that
have some sort of body
corporate type fees, then it
is most likely not a
townhouse.
9. It is important that when you are looking for a house you
ask the real estate agent about the fees for the property
such as water rates, council rates and so forth. This will
help you come up with a good budget for the house. Other
fees that you will need to check include the kind of stamp
duty for the particular state that you are in. Such charges
may vary from state to state.
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10. It is important that when you are looking for a house you
ask the real estate agent about the fees for the property
such as water rates, council rates and so forth. This will
help you come up with a good budget for the house. Other
fees that you will need to check include the kind of stamp
duty for the particular state that you are in. Such charges
may vary from state to state.
http://sonomasagehill.com/
