Post # 1
Hey there ladies! DH and I are currently in a two year lease at a condo we are renting and when the lease is up in 1.5 years, we would like to get a place of our own. Can you tell me a little bit about what kind of place you live in and why you like or dislike it? As of right now I am not leaning towards getting a condo because I hate that I can hear my neighbors through my walls and the stomping through mt roof. I have contemplated on a mobile home but is it worth it to pay the land rent? Thanks in advance!
Post # 3
@Tswife4ever: We live in a duplex! I love it! We have lived in it for 3 years. Yes, we have one neighbor attached to us, but it is a brick wall and we can barely hear them. It is cheaper than renting a home, but a lot nicer than renting an apartment. We get a garage, back yard, more space and it feels more like a home. No people live above or below us and it is in a typical neighborhood.
When we purchase a home, I would even consider buying a duplex because of the potential income property that we could own along with it.
Post # 4
We own a house. We thought that this was the ideal arrangement for raising a family. Fenced in back yard and privacy really affirmed that it was the right choice for us.
Post # 5
@Tswife4ever: We are currently in an apartment. When we’re ready, and we’ve settled on an area we like, we’ll buy a house. We aren’t interested in HOA’s, so it makes the decision easy!
Post # 6
We own a condo. Affordability being the only consideration, as Vancouver is ridiculously expensive. Rated second most unaffordable real estate in the world, second only to Hong Kong.
Post # 7
we live in what we would call an apartment but here they call it a condo. I’ve never really been clear on what a condo actually is.
but we have a big two bedroom apartment on the 26th floor of a 30 story building. we love it!
Post # 8
We have a single family home. I like it because we are far enough from the neighbors that we can’t hear them or smell what they are cooking 🙂 I like having more space and that I can go upstairs if FH is watching TV and can watch or listen to something else or go to bed.
It’s snowy here so having covered/attached parking is awesome too.
But sometimes I do miss the convenience of apartment living, ,having someone to fix everything and no yard work. I find that utilities and taxes are much more since moving here (not sure if you have to pay property tax with a condo?)
Post # 9
We rent a townhome right now and love it! When we go to buy, it will be a home, as I don’t want to be attached to a neighbor, want our own yard. Also hoa fees are usually ridiculously high for townhomes.
Post # 10
we’re currently in an apartment, and will be moving back into my parents’ house to save money this fall (my parents have an in-law suite on their house). but within the next five years, we hope to be either in a condo/townhouse or a house. it all depends on how much we can save, and how quickly we can fix our credit. real estate isn’t affordable where i’m from and where we want to settle.
Post # 11
We rent a four bedroom house. People think it’s silly that there’s just two of us living in here, but we have A LOT of stuff!!
Post # 12
@polkadotgirl: a condo you own, an apartment you rent but certain places like NYC they call them both apartments. Here in Chicago its a condo if you own.
We own a condo downtown Chicago that we rent out. It is in a new highrise that is gorgeous. We never heard the neighbors there.
Right now we are renting a townhouse in the suburbs. We were looking into buying a single family home but had to move in quickly so that our DD could go to school in the right school district. We will start looking for a single family home soon. More space and privacy. Also the ability to host bigger parties.
If you are planning on buying a place and having children at some point I highly suggest looking into the schools and school districts now. We have some friends that now live two streets over from an amazing school district but their child has to go to the so-so one because of where they bought. Just think ahead because if you buy you will be there for a while!
Post # 13
We have an apt (as does most everyone in NYC) that we rent. We are hoping to buy it is as it is going through foreclosure with our landlord and it would be a great investment property. And, as momma says, “babies can sleep in a dresser drawer for the first year at least…”
Post # 14
We own a house. I love the privacy and having all the land I have.
Post # 15
I own a mobile home, but FI and I live in an apartment.
Personally, I LOVED my mobile home! It was like owning an apartment, and it was SO cheap! Lot rent+mortgage was less than 600/mo, and I lived in a VERY expensive park. They were end to end instead of side by side… They were like this – – – instead of l l l, and there were TONS of trees, so it really looked like a bunch of one-story ranches!
Now that we live in Massachusetts, I rent my mobile home out.
That being said, do NOT live in a cheap park. Between the drug problems and the domestic abuse, you will lose faith in humanity. Trust me.
I think, for a first home, a townhouse/duplex would be perfect!
Post # 16
@baletrina: haha, ok thank you! so I guess to our landlady it’s a condo, to us it’s an apartment! in Australia lots of people own their apartments but we still don’t really call them condos.. most older australians call them units or flats though. I think Seinfeld and Friends made everyone start calling them apartments!