CHAPTER 4 Condo or Apartment?
Maybe you aren’t interested in purchasing another house, and dealing with many of the responsibilities that come with that. But maybe you aren’t yet ready to jump into community living either. Consider renting an apartment or purchasing a condo instead. Condos and apartments are popular choices for homeowners looking to downsize who aren’t interested in owning a house or moving into senior housing. These types of dwellings are often the perfect size for many downsizers. Finding the right type of condo or apartment in the right neighborhood that meets your needs, with the right amount of space, can actually improve your quality of life. Here are some of the advantages of condo and apartment living:
1. Less upkeep and maintenance.
First, there are fewer indoor chores to manage since you have less space and fewer rooms to clean and maintain regularly, including tidying, dusting, sweeping, wiping and scrubbing. Less overall upkeep is a major benefit. Second, most condos include homeowners association (HOA) fees that cover maintenance of the grounds and community amenities. You won’t need to worry about mowing your grass, weeding your garden, and other landscaping issues. Third, if you rent an apartment, you don’t have to worry about common maintenance issues. The housing provider is responsible for repairs, including plumbing problems, broken 20
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