What are the different types of housing available to homebuyers, and what are the advantages and disadvantages of each?
A single-family home refers to a free-standing property that does not share walls with other nearby homes or structures, and that is built from the ground up at the site of its foundation, on its own piece of land. The pros for owning a single-family home include the fact that the owner owns everything — the home itself as well as the land it is on, and as such is able to landscape, remodel or rebuild the home to the extent desired. Possible disadvantages to owning a single-family home may include the fact that the owner is responsible for all repairs and maintenance, as well as any remodeling done to both the interior and exterior. He or she will also likely have fewer amenities than high-density living structures which often provide swimming pools, tennis courts and more as part of homeowners’ association fees charged. A townhouse is a home that is attached to one or more other houses, located on a specific property that the townhouse owner also owns. Townhouses can range drastically
Related Questions
- What are the different types of housing available to homebuyers, and what are the advantages and disadvantages of each?
- What are the different types of student loans? What are the advantages/disadvantages of each type of student loan?
- What are the different types of laminating films available and what are the advantages and disadvantages of each?
