Should you buy a condo or a house? If you’ve just gotten pre-approved for an Orange County Mortgage and are planning on buying soon, you’ve probably seen a large amount of condo’s on the market but, before buying a condo, because it may seem more affordable, you should debate the pro’s and cons of condo vs. house.
Buying An Orange County Condo
Your Orange County Mortgage may stretch a little farther with an Orange County Condo but, are you really getting your money’s worth?
Pros: With a Condo you will enjoy a home that’s easy to upkeep since most of the maintenance will be taken care of including yard maintenance and what’s even better is that many orange County Condo’s are located in the center of town and are close to major attractions, restaurants and shopping centers.
Cons: buying an Orange County Condo does come with a lot of fees that go towards the convenience of professional landscaping and yard maintenance. Although fees are commonplace with every condo the downside of paying them is that condo owners really don’t have a say as to where their fees go and the total fees that a condo owner pays per year can equal or exceed the Orange County mortgage payment on a home.
Buying An Orange County Home
Pros: When you own an Orange County Home, your mortgage will really go farther because, you will enjoy a larger amount of square footage and benefits like a backyard that’s fenced and plenty of room for children and animals to run free.
Cons: Owning an Orange County home does come with more responsibilities like regular yard maintenance and the responsibility to maintain other parts of the home like the roof, plumbing and more but when you factor in the equity that you can enjoy from owning a home and long term peace-of-mind that comes with it, homeownership is definitely worth it.
To get an affordable Orange County Mortgage Loan, contact Steven Williams at Sun Financial Group today by calling (949) 699-1950.
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