With a condominium you own the interior air space solely, as well as an undivided interest in the real property including the structures within the community. With a townhome you own your portion of the structure and the real property directly underneath it as well as an undivided interest in the common real property.
Townhome and Condo communities typically have Homeowner's Associations (HOAs) that collect fees from its owners to cover the costs of many items that a single-family home owner would pay individuals. These items may include the following:
Insurance for the structure
Roof repair and/or replacement
Basic cable tv
Maintenance for community amenities such as pools, spas, fitness rooms, and landscaping
Practically, townhouse or condo living can simplify your home-owning "to-do" list since many of the maintenance items are taken care of by the association. Imagine swimming in a pool that you didn't have to clean, enjoy grassy areas that you didn't have to mow, walk on sidewalk that you didn't have to sweep. Sounds like a little slice of heaven to me.
A successful real estate experience can be one of the most exciting and rewarding events in your lifetime. The exhilaration of a positive buying or selling transaction can't be beat! However, did you know that moving and relocation ranks third on a list of the most stressful life events? With only divorce and death rated as more stressful, it's no wonder that so many people dread moving. Thankfully, there's no need for you to worry any longer. To help make your total real estate experience-from buying and selling to moving-the best it can be, choose our experienced REALTORS® to effortlessly guide you through the entire process. For more than 23 years in the Greater Phoenix Area, we have helped many people just like you successfully make their new home dreams come true. Having lived and conducted real estate in the Valley, we have seen nearly every transaction, and continued to make every closing smooth, efficient, and stress free. With our attention to detail and specialized knowledge of the Greater Phoenix real estate market, you can rest assured that we will provide you with a wonderful real estate experience every time!