|
Townhouses are two or more stories houses. They are bigger than condominiums but are smaller than family houses. They share one or two common walls with neighbors, horizontally. Although, they share common walls, owner has to pay tax on his side of property. There is a management association that deals with common property units. Due to so many plus points, townhouses are often a favorite for many first time homebuyers. They are less costly and they cost low maintenance. Dean believes that one of the main reasons why town houses are favorites of masses is their less cost. They offer separate boundary walls, a plus point that condos miss. Moreover, they are far less expensive than family houses. Dean Graziosi is a famous real estate tycoon. He owns multimillion-dollar business. Most of Americans know him from 1998, due to his longest running infomercial series on national American TV channels. Dean is a bestselling author. He books are acclaimed for important information on real estate. He has also shared his life struggle and career journey in one of his books. His books and his sermons are a source of motivation for new comers. He is a true example of successful entrepreneurs. Let us have a look on Dean Graziosi's top seven tips on purchasing townhouse. 1. If you want to know all about any form of property, located in any area, city or state, the best way is to contact a real estate agent. Real estate agents know all about properties. Good thing is that you do not have to pay; seller will pay commission of the agent. 2. Search for the areas where townhouses are located. In most of the cities, townhouses are located where there is fewer number of condos, a big plus for value of the property. Explore all of the areas and choose one, which is best suitable for you. 3. For a more thorough search, see local as well as online listings. Internet gives you broader options. You can make your search customized. However, it is hardly advised not to trust online seller completely. There are more chances of fraud and scams. Conduct detailed searches in the property, never neglect role of an association in any townhouse community. 4. Make an estimate of all of the costs. Making an estimate of the costs will help you in evaluating available mortgage options. Purchase of a townhouse and applying for a loan is not much different from purchasing any other type of property. You must keep an eye on all of the legal terms and conditions. 5. Visit your townhouse before making a final say. You must look for all of indoor and outdoor features. Make visits at day as well as nighttime. Check how much sunlight is available. Search for the neighbor and make sure that there are no reported or unreported delinquent or any other criminal activities. 6. Talk to the association. Check rules and regulations of the association. Also, make sure that you understand all of your right and your duties. 7.If possible, visit neighbor's house, with which you are sharing parting walls. See which room is connected with your house. If you found out after purchasing your house that your bedroom is connected with neighbor's TV lounge, you are in trouble. Join to Get Regular Updates >>> http://twitter.com/deangraziosi
Related Articles -
real estate, Entrepreneur, real estate investor, Dean Graziosi,
| 
