Rent or buy condo townhouse?
condos are no good. like you said if the condo assn deems a repair needs to be done, they will jack up your monthly fees $$$ with no notice and then what if you can't afford your mortgage pmt? if you buy a house then you decide what repairs will be done at what time. renting is a good shrot term option because worst case is you break the lease and lose your deposit.
by Because I Said So - 4 hours ago
Buy now the interest rates are low and there are many homes to choose from does it have to be a condo because you then usually have HOA (HOme Owners Association Fees) along with mortgage and utilities and maintenance expenses. Find a good realtor to help you. It is a buyers market. Happy New home buying.
by Janice 10 - 4 hours ago
It depend if you live in a over inflated market like Vancouver Canada prices might crash. If you live in a market where prices have already crashed go for it and buy.
by Peter Gas - 4 hours ago
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