So You Have Decided To Move To . You Couldnt Have Picked A Better Location To Establish Your New Home. Now, For Your House. Note That Condos Are Unlike Your Ordinary Concept Of What A Condo Might Be. For One, Not All Condos Are High-rise. For Another, Some Townhouses In A Gated Community Are Considered As Condos Or More Precisely, Horizontal Condominiums. Make No Mistake, However, The Rules Are Very Much The Same As In A High-rise. There Is Still An Owner Association, Etc. When You Decide To Buy A Condo, Make Sure That Your Attorney Explains To You What You Need To Know.Security Is A Country With A Very Different Socioeconomic Level As To What You Are Used To. Although The Country Does Have A Social Security System (which Is Even Higher Than Most Latin American Countries), Its Citizens Do Not Receive Welfare From The State. Thus, If A Father Of Four Children Has No Job, There Is No Other Way Than To Steal. Burglary Is A Common Incident. While Violent Crimes Are Infrequent, Petty Crimes Such As Simple Burglary Are Quite Common. There Have Been Many Incidents Where People Leave Their Homes Only To Come Back And Find Out That Their Houses Have Been Broken Into And Their TVs And Other Appliances Gone. To Prevent The Same Thing From Happening, It Would Be A Good Idea To Leave A Maid In Your Home Every Time You Go Out Or Move To A Condo.This Is Why Security Is An Important Issue When Looking For Condos. Be Sure To Ask The Seller About The Level And Type Of Security Provided To Condo Owners. Other Advantages Of CondosBesides Security, Condos Also Have Several Advantages In Store For You. Here Are Some Of Them:You Will Have Full Rights Of An Owner To The Interior Of Your Unit. And If Your Condo Is A Horizontal Condo, You Will Also Have Real Estate Rights Over A Portion Of Land Surrounding Your Unit.You Share Ownership Of Exterior And Common Areas.In Higher Priced Markets, Condos And Townhouses May Be More Affordable.Someone Else Cuts The Grass And Do Some Cleaning Work On The Exterior Spaces.A Condo Project May Include Amenities, Such As A Community Workout Center, A Swimming Pool, Clubhouse, And Guards.The Homeowners Association Board Is Usually The One That Handles Neighbor Disputes.On The Other Hand, The Cons To Condos Include:There Are Homeowners Association Dues That You Have To Pay Monthly. This Is Required. In Addition, In Case Of Major Maintenance Or Renovations, You May Also Be Required To Contribute.There Are Condominium Rules That You Have To Follow. Some People Would Find This Too Restrictive.
