Wendy Morris Presents:
The Florida Dream
Wendy Morris Realty
Dr Phillips Luxury Real Estate
407 575 5392
Call Today!

Listing Search

PROS AND CONS OF BUYING A CONDO | 32819 | 32836 | Dr Phillips

NEXT
PREV

PROS AND CONS OF BUYING A CONDO

Pro's of buying a condo is that of course you build equity in your home that will gain value in the end. Generally as in any home is that you use the equity to buy another home when you sell or refinance and cash out.

In this type of environment you are not responsible for the roof and exterior of the home to include lawn services. All maintenance free for the exterior of home. This can open up free time to enjoy more personal or family time depending on your status.

Typically, many of these units comes with gated community, man gated, roaming security, movie room, pool table, restaurant, clubhouse, basketball and tennis courts, sauna and community swimming pool, pickle ball, volleyball, sauna and bar. Prices are pretty much affordable on all units. Depending on what is also nearby promotes these type of communities. Some units may have garages.

CON'S

The con's are all of the amenities are offered to all owners and upkeep of the grounds, roof's, clubhouse, swimming pool, tennis courts, gate guard, painting are all included in the homeowners monthly fee. Some of the fees can be high as 500.00 per month. All communities vary in amenities and monthly homeowners association cost. From time to time there are homeowner associations that possibly mismanage funds for long term projects, this can cause issues that can lead to homeowners paying unexpected expenses. 

There is a lack of privacy because you may have owners living on top of you and next to you. This brings unwanted noise. Some units may not have garages.These dwelling's are not for everyone. 

RESALE

There is definitely other competition right within the complex, however the homeowners fees may drive many buyers away. This is why selling prices are lower than what you may expect.

Trust your local home advisor Kevin Strawter and stay connected at 850 496-6412 to steer you in the right direction. Serving Dr Phillips and Central Florida. Click here to know more about Kevin Strawter /ABOUT-KEVIN-STRAWTER-P-A---MRP--GRI--ABR-6-14330.html

 

 


PROS AND CONS OF BUYING A CONDO | 32819 | 32836 | Dr Phillips
PROS AND CONS OF BUYING A CONDO | 32819 | 32836 | Dr Phillips

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 3/19/23 8:18 PM) |
Featured Listings
Orlando Real Estate
$1,299,000
5 BED
5 BATH
This stunning two-story home, situated in one of the most coveted neighborhoods in Dr. Phillips, exudes both style and... Read More
Orlando Real Estate
$699,900
4 BED
2 BATH
Great 4-bedroom, 2-bathroom Pool home on 1 full acre private Tropical Oasis lot with no HOA in Dr Phillips. Home is fu... Read More
Orlando Real Estate
$550,000
3 BED
2 BATH
JUST LISTED!! Beautiful fully furnished 3/2 condo located at Vista Cay. Nice floor plan with dining and living room sepa... Read More
Orlando Real Estate
$835,000
4 BED
3 BATH
Beautiful house!! Immaculate and stunning pool home in the **EXCELLENT LOCATION** of Dr. Phillips sought-after Buena Vis... Read More
Orlando Real Estate
$949,900
5 BED
4.5 BATH
Stunning home, loaded with upgrades located behind the gates of Phillips Reserve. Enjoy unmatched convenience to Unive... Read More
Orlando Real Estate
$449,000
3 BED
2 BATH
This house has the full potential to become your Dream's Home! It needs repairs but LOCATION is a MUST, in the heart of... Read More
Orlando Real Estate
$375,000
3 BED
2 BATH
Brand-new roof will be installed before closing. Welcome home to this one-story home in the highly desirable community o... Read More
Orlando Real Estate
$1,298,000
3 BED
2.5 BATH
In the desirable Bay Hill neighborhood you will find this fully renovated gem that radiates luxury and sophistication at... Read More
Orlando Real Estate
$665,000
4 BED
3 BATH
Welcome home! Sitting on a spacious lot at the end of the cul-de-sac, this beautiful estate is filled with eye catching... Read More
Orlando Real Estate
$148,000
1 BED
1 BATH
Don't miss out on this incredible investment opportunity in Orlando! Located just off International Drive, this stunnin... Read More
Contact Kevin Strawter

407 575 5392

Wendy Morris LLC
DBA Wendy Morris Realty
Licensed in the State of Florida
BK 3146762
16797 Broadwater Avenue
Winter Garden, Florida 34787

Your privacy is our utmost concern. We will never sell your personal information. Privacy Policy
©2011 -2023 drphillips.info - all rights reserved. | Site Map | PROS AND CONS OF BUYING A CONDO | 32819 | 32836 | Dr Phillips