Why is it better to have a condo than a stick home

1

Most people think that having a big home is the only way to go in life, that is because we are brought up to believe that. Nowadays, that is not the case anymore. We have a lot of other options like prefab homes and condos. Stick homes come with a huge price tag that will take years to pay off, and while you are paying for that house, anything that goes wrong with it will come out of your pocket. When you buy a unit from Perla Condos, there are a lot of advantages.

We will go over a few advantages that come with buying a condo.

Buying a condo

2When you are purchasing a condo, you will only be financing it for 15 years, unlike a home that you will be paying for over 30 years. The advantage of financing a condo is that if anything goes wrong like plumbing, the only thing that you have to do is make a call and someone from the maintenance will come and fix it for free. If you are buying a home and something goes wrong, you have to pay for it out of your own pocket.

Financing a condo

When you go to finance a home, you are required to pay a closing cost and escrow. With a condo, this is not the case; you pay only for what the cost is for the condo. When you finance a home, it can be up to 30 years, that is a lot of interest. With a condo, the most you can finance is 15 years, that is a lot of saving on interest.

When you are buying a home, you are required to pay property tax, even after it is paid off. With a condo, you have a fee that you pay for the up keep of the building.

Gym

3All condos come with a gym that you can use any time of the day. They have instructors that will ensure a proper workout if you need help with a workout plan. You won’t get that service if you are buying a home. You would have to visit a gym. All extra advantages are because you pay that fee every month.

The fees pay for 24 hours guards in the building and the parking. They also have cameras to ensure you that everyone is safe.