Steps to buying a condo

Are you thinking about buying a condo? Do you understand the steps involved? While purchasing a condominium doesn't have to be difficult, new buyers often feel overwhelmed by the choices they have available. From making a budget and saving for a deposit through to comparing buildings and mortgage providers, let's take a look at the individual steps you need to take to become a new condo owner.

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Buying a condo vs renting an apartment

Deciding whether to buy a condo or rent an apartment can be tough. There are lots of things to think about, from important economic considerations through to the impact on your current and future lifestyle. Where do you want to live? Are you able to raise a deposit? Do you have plans to raise a family or move to a different city? Making the choice between buying or renting can have huge implications for your economic future and your quality of life.  

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The ultimate investment property calculator

Investing in the property market can be incredibly rewarding, with historical data showing above average returns for real estate compared to other asset classes. While the situation changes dramatically based on location and wider economic cycles, property growth has been strong in North America since the 1970s. Increasing demand for property assets has created a number of opportunities for clever investors, although getting involved in the world of real estate is not without its challenges.

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Disadvantages of buying a condo

Condos are often seen as a clever new choice in real estate. Not only are they more affordable and easier to access than conventional dwellings, they also provide numerous lifestyle benefits. For example, condo residents generally have access to amenities such as gyms and pools, along with shared outdoor spaces, parking, reliable utilities, and modern Internet infrastructure.

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Buying a condo vs buying a house

Are you struggling to choose between buying a condo or buying a house? You're not alone. With condos becoming more popular across North America, and many great deals to be had, there's a lot of confusion surrounding the current real estate landscape. While detached dwellings are the traditional choice for many, condos have become a viable and attractive alternative.

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