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Investment Property Part 1

Is A Townhouse For You



W


ith the huge variety of       equally among the houses. This is 
real estate choices on        a definite advantage over         
the market today, many        apartment living, where many      
people aren't even clear on what      housing units are in the same     
a townhouse is, much less whether     structure and thus there is no    
or not it's the right choice for      property division on the ground.  
them. So what, exactly, is a          Townhouses can be grouped into    
townhouse?                            pairs as a duplex, or in larger   
                                      groups that form a main complex.  
A townhouse, also called a            Townhouse owners are generally    
rowhouse, is actually very much       required to keep up their own     
the same thing as a condominium,      section of lawn, and may be       
with one technical difference.        required to pitch into            
Both are housing units that are       maintenance of any common areas   
physically attached to other          as well.                          
units on either side- thus the                                          
name rowhouse, since they stand       So who benefits most from this    
in a row. But in a condominium,       style of living? For many people, 
the land the houses stand on is       the idea of living in an          
owned by someone else. A              apartment grows old quickly.      
townhouse, on the other hand,         Having neighbors above, below,    
means that the person living in       and around you can be tiresome;   
the home owns the land it is          the lack of a yard is also a      
sitting upon.                         drawback. However, many people    
                                      either cannot afford or do not    
Townhouses can be single or           wish to own a single family       
multiple stories. Each townhouse      dwelling. Townhouses give buyers  
has a small patch of yard or          the option to own a house that is 
perhaps a patio in the back or        still part of a housing           
front, and the lawns are divided      community.                        



                                      that can be made to houses or     
Townhouses are ideal for the          yards. Many townhouse communities 
elderly, or for young families        prefer to present a unified       
just starting out. The mutual         front, and changes must be        
walls give a sense of security,       approved before they can be made. 
although of course there is also                                        
a loss of privacy. Having a small                                       
patch of yard to tend, rather         For those who are interested in a 
than a full lot, can be a             community style of living but do  
blessing for those who are unable     not wish to remain in an          
to tend a full yard. A townhouse      apartment, a townhouse can be an  
can be a great starter home for       excellent substitute. Townhouse   
young couples with children.          living is available in all kinds  
                                      of neighborhoods and in many      
Of course, because a townhouse is     different styles all over the     
indeed part of a housing              United States. From brownstones   
community, there are rules which      in New York to vinyl sided        
homeowners must agree to follow.      dwellings in Nebraska, town homes 
Often townhouses are subject to       are available at all levels and   
the rules of housing                  offer the homebuyer a whole new   
associations, which limit             range of options.                 
decorations and modifications         

                              






About the Author:

Kirsten Hawkins is a real estate expert from Nashville, TN. Visit http://www.king-of-real-estate.com/ for more information on real estate, mortgages, and finding the house of your dream.

Source: www.isnare.com


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