What to Know Before Joining a Homeowners Association

Nice two-story homes on a sunny day in a neighborhoodIf you’re on the hunt for a new home, townhouse, or condominium, you may encounter listings that require you to join a homeowners association (HOA). The members of this association take on the responsibility of maintaining the value, safety, and aesthetic of the neighborhood. For first-time homebuyers, this can seem like a daunting contract to sign off on, but in order to allay the fears of any hesitant newcomers, we’re here to describe what you should know before joining a homeowners association. [Read more…]

The Difference Between Homeowners and Condo Insurance

When you’re able to purchase a place and call it your own, a sense of satisfaction and pride emerges. The process of getting to this point can be difficult, especially when there are so many possible options for what type of property you can own. Whether you own a home or a condo, properly insuring is always a must and today, we’ll be going over the differences between insurance from owning a home to insurance when owning a condominium.

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How Condo Ownership is Different Than an Apartment

How Condo Ownership is Different Than an ApartmentOwning a condo is becoming an attractive option for a lot of people because of the convenience of “condo life”. Not only are condos often less expensive, but they also require less maintenance than single-family homes. As renters start looking for options to become property owners, buying a house or owning a condo can be a difficult decision to make. Here are some insights you can expect when you are transitioning from renting into condo living. [Read more…]

Pros and Cons of Living in a Gated Community

Security Gate for Gated CommunityThe location of your house can play a large role in the price of your homeowners insurance. But have you ever considered the effects that living in a gated community can have on your insurance? Gated communities are safe, private, and protected, so shouldn’t they have cheaper insurance? Dependent upon where you live and who your insurance company is, you may be eligible for a discount if you live in a gated community. [Read more…]