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Should I Buy A House? Or A Condominium Unit?


All of our goals lead to one specific ending – to provide a good life to ourselves and to our family. Of course, a good life is broken down to many factors; enough food, good education, and a decent roof. When you get to the point where you are to buy shelter, should you buy a house? or a condominium unit? Of course, proximity would be one of the greater factors in choosing but hey, that’s not all of it.


 

Before we start, let’s first discuss what these two things are. Of course, both of them are Real Estate properties meaning, both of them are investments. In simpler terms, both of them can help you earn money when you are squeezed to the bones.

House; noun. – a building for human habitation, especially one that is lived in by a family or small group of people.

Condominium Unit; noun. – a single, individually-owned housing unit in a multi-unit building. The condominium owner holds sole title to the unit, but owns land and common property (elevators, halls, roof, stairs, etc.) jointly with other unit owners, and shares the upkeep expenses on the common-property with them. 

Definitions taken from businessdictionary and dictionary.

In this article, we will be detailing all of the considerable factors if you are to buy a house or a condominium unit. Then by the end of each category, we will be highlighting the advantageous in that certain category.

Cost

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