Condo Living – Hard Times

February 26th, 2015

foreclosureMore and more people are opting to save money due to the recession and condo living people are feeling the pinch. not only are the ones living within them finding it difficult, the property owner who gets a vacant unit seldom gets a replacement in time to make all necessary payments.
The hard economic times has resulted in many losing jobs even from some of the world’s biggest companies who have been forced to trim down their workforce rather than face closure. The government is trying to alleviate some of the pressure but it might not be enough to hold of foreclosure on your mortgage. Time will tell if we can weather the storm that is in full force, hopefully not too many will be left out on the streets of the broken American Dream.

Next Big Thing

February 19th, 2015

a12.jpgWhen most people think of Macau, the first thing that comes to mind is gambling. Work hard, and play hard! With new casinos being built and old ones being remodeled, no wonder why condo units are everywhere. So after a long workweek, what other place to stay than at your luxury condo.

South Florida Condo Units

February 12th, 2015

4.jpgThroughout the past six years, South Florida has distorted from low-rise structures to high-rise condominiums which are believed to be hundreds of feet high. Except that as the building heights rise, so did the selling value. South Florida condo market has been saddened by foreseeable trade and industry realities. Worth of newly-built condos tumble by at least 30% at the time the market crash down. Consequently, lenders are guarded of financing condo construction, thus convincing developers across South Florida to call off, postpone or repair their individual projects. Analysts mark out condo problems to short-term investors, who purchased condos at low pre-construction prices.

Dog issues.

February 5th, 2015

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Ok, so you live in a house and you plan to relocate to a condominium. No problem, you can relocate anytime.

But what if you have a dog? Oh no. That’s going to be a big problem. Most condominiums don’t let you bring one. You have to sign a memorandum that you can’t bring any pet inside your unit for noise control purposes. The units in a condo are only separated by a think wall, but that doesn’t mean the other person next to you can’t hear the dog’s bark. The truth is, they can. And considering the fact that most hallways are empty, the bark of the dog tends to echo—and the person living at the corner can and will hear it.

Photo taken from http://orlandonest.files.wordpress.com

Mountable cabinet tips.

January 29th, 2015

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If you are having problems where to put your books and other important documents (I’m not referring to money! You can put that in a bank or a safe.), and it seems like all your vacant spaces are occupied, then why don’t you try those mountable high cabinets? You can put those on top of a middle rise cabinet and stuff your books and other folders there. It’s actually better if your choose something that has a lot of segregators so that you could actually put lots of different documents (portion 1 is for cook books, 2nd is for work folders etc.).

Photo taken from http://www.dawginc.com

Before buying a condo… (part V)

January 22nd, 2015

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Last tip to make sure you are getting your penny’s worth is to take a peek at the condo’s owner’s association. They are the ones who are making the rules of the condo, so you should familiarize yourself with the ones on top. A condo’s owner’s association will do its very best to maintain the exterior as well as the interior of the condo. Inspecting the condo’s ins and outs can be very helpful in determining how good the owner’s association is. The sight of a small crack at the corner of the hallway is not a good sign. You might want to look for another one.

Photo taken from http://www.sealtitebasements.com

Convenience at its peak.

January 15th, 2015

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If you really want minimum maintenance in your condo unit, you better consider taking away some of your frilly designed furniture and accessories. First, you can minimize your knick knacks without sacrificing design (maybe remove some that don’t add to the interior of your room). With this, you have fewer things to dust off. You can also remove your curtains and replace it with rolling blinds. Rolling blinds are a lot easier to handle. You can just wipe them off with a wet sponge (it’ll take only a few minutes) and continue doing other things afterwards. Removing the curtains can also minimize your laundry load.

Photo taken from http://images.craigslist.org

Small Space Solutions

January 8th, 2015

 

Condo owners/ renters tend to have the same problem. Not enough space. Condominiums aren’t really made so big because the rooms in the building are divided to accommodate a lot of tenants. So making a small space comfortable is the main challenge. If you’re lucky, you will land a unit that has already been furnished for you. If not, you would have to know how to design and maximize your own space. Choosing the right furniture is the trick. Stay away from large and bulky sofas that will take over the entire room. Instead of putting cabinets, install shelved on the wall to store your things. This way, you get more floor space. If you decide to add an entertainment system, also consider having your TV attached to the wall. Use light colors on the walls to help bounce light around the room to create an airy aesthetic. Keep the place tidy at all times too.

The Disadvantages

December 31st, 2014

 

Many people are considering buying a condominium. This comes as no surprise since high rise buildings are practically everywhere and condo is relatively cheaper than buying a house. People in the city prefer condo living since it is the current “trend” and it is less the hassle of yard maintenance and the financial responsibilities that owning a single home owners usually face. But before you sign that contract with the condominium purchase, you should also probably know the possible hassles and disadvantages of owning a condo. First, You share common walls. This means, less privacy for everyone. You are merely steps away from your neighbors. There are people living above you, beside you and below you. If you are lucky, your neighbors are considerate. If not, they will annoy you many times. You will also have to pay association dues monthly. If you are living in a fancier condo, it means more assoc dues to pay.

On Buying

December 24th, 2014

a10.jpgKnow up front what your monthly expenses are expected to be. When buying for a condominium property, shop around to know the prices. Ask your realtor. They are well-experience on this matter. First-hand reports are very useful tools during your home search process, and you’d be wise to take them to heart.