Are You Considering These Factors Before Buying an apartment?136077

If you are a potential buyer and are yet to choose whether you desire a single family home or a condo this article is made for you. People generally settle for condos because of the fact that the maintenance fees of amenities like pool, garden, lawn, badminton court etc are shared with other residents of the housing complex. However, there are people who are not necessarily interested in sharing the previously mentioned facilities with others-meaning they want to enjoy complete ownership of each and every square inch of the house owned by them. These are the individuals who prefer single houses instead of condos. This is a rundown around the factors which you should consider while investing in a One-North Eden. Read on!

A few points to keep in view while buying a condo!

Location: Location from the condo makes for one of the most important factors judging its suitability. A remotely located condominium - regardless how cheap it is - would ultimately turn out to be an expensive proposition in the end if you have to avail the help of cars/bus/cabs etc to get into the local marketplace, school and clinic. So, make sure you are zeroing in on an option after considering this factor closely. In this connection, it must be mentioned that Leedon Green might grow to be an ideal choice!

Besides, the position of the complex, be certain that you're considering the keeping of your own private suite inside complex. For instance, if your suite can be found too near to party rooms, it will lead to inevitable noise concerns. Similarly, the elevation of the suite will get a new street noise factor. Consider lakeville residence at Jurong Lake to get a hassle-free living experience!

Cost: The buying price of the condo varies with several factors including

-The location of the condo -Its size -Upgrades (if any) Though the maintenance (with the amenities, as stated before) fee may be shared, it should be remembered it (taking care fee) is just too high in the event of some housing complexes. The high fees should infallibly be added to the mortgage payment for loan approval.

You should secure quotes from the 3 condo owners before zeroing in on your choice. If you are buying a resale unit, and then make sure you might be closely considering the fees as compared to the similar buildings with units of comparative size.

Regulations: The usage of the condo facilities is controlled by a set of regulations. The Condo Associations are responsible for ensuring that these rules aren't flouted. It is very important for a potential condo buyer to comprehend these rules before selecting the property. Needless to say, an attorney might be of great help. You should also remember the undeniable fact that there are a few condo associations which aren't approved by lenders due to several factors.

Neighbors: Unlike detached homes, a housing complex requires you to live in proximity with neighbors. You might as well wind up sharing room walls together as well. Discovering the neighbors (whether whatsoever you would be co-exist peacefully in the same complex or otherwise) would be critical, too.