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Parent Category: House Condos

Condominiums are a popular housing option, as they offer lower property maintenance costs than traditional homes. Condos have been very common in resort areas, and in recent years have spread to the suburbs. The housing market can be tricky to navigate, especially when you are trying to secure financing for a mortgage.

Condominiums are subject to real estate market swings just as residential homes, if not more so. A condo is an especially attractive property to someone who would otherwise rent property to avoid paying the cost of a single family home. Condominium sales happen fastest for units that are in good repair, priced right and represented by a good real estate agent. The prospect of finding a private buyer offers good potential for profit, but other options for selling a condo quickly include real estate auctions and undiscriminating property investors.

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