Are You Considering These Factors Before Buying a flat?4958815

If you are a potential buyer and are yet to determine whether you desire a single home or a condo this article is for you. People generally accept condos because of the fact that taking care fees of amenities like pool, garden, lawn, badminton court etc are shared with other residents from the housing complex. However, you can find people who are not necessarily interested in sharing these facilities with others-meaning they want to enjoy complete ownership of each square inch of your home owned by them. These are the basic individuals who prefer single homes instead of condos. This is a rundown on the factors which you should consider while buying a One-North Eden. Read on!

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

Location: Location from the condo makes for one of the most critical factors judging its suitability. A remotely located condominium - regardless how cheap it's - would ultimately turn into an expensive proposition in the long run if you have to avail the help of cars/bus/cabs etc to get into the local market, school and clinic. So, be certain that you're zeroing in on an option after considering this factor closely. In this regard, it must be mentioned that Leedon Green might turn into an ideal choice!

Besides, the position of the complex, you should always be considering the keeping of your own private suite inside the complex. For example, if your suite is situated 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 for a hassle-free living experience!

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

-The location from the condo -Its size -Upgrades (if any) Though the maintenance (of the amenities, as pointed out above) fee can be shared, it ought to be remembered it (taking care fee) is just too high in case of some housing complexes. Our prime fees should infallibly be added to the loan payment for loan approval.

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

Rules and Regulations: The usage of the condo facilities is controlled by a set of regulations. The Condo Associations are accountable for ensuring that these rules aren't flouted. It is very important for any potential condo buyer to comprehend these rules before buying the property. Needless to mention, 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 owing to several factors.

Neighbors: Unlike detached homes, a housing complex requires one to live in proximity with neighbors. You could as well end up sharing room walls together as well. Finding out about the neighbors (whether whatsoever you would be co-exist peacefully within the same complex or otherwise not) would be critical, also.