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Sunday, March 25, 2012

To buy an apartment or a house?




You may be thinking to buy an apartment or single family house.

A single family house gives you more rooms to grow plants, flowers, trees, veggie, offer more storage space, no apartment management fee. . You also own the land. But you need to pay more and may have financial pressure for mortgage, do the maintenance, landscaping and repairs.

For apartment, you pay less, more security. It is often more affordable, require fewer maintenance and landscaping chores, suit busy lifestyles. But you only own the space between walls, pay management fee, less space for long term price increment.

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