There are many different types of dwellings that a California resident may want to live in. For instance, some may benefit more from renting an apartment than they would purchasing a home. Those who are looking to buy a property could decide that a condo is a better fit for their needs and budget than a home. When deciding where to live, individuals should consider their budget and willingness to maintain their living space.
Condos could be ideal for those who want to own a property without having to worry about painting or fixing a roof. Generally speaking, the homeowners association that runs the condominium complex will take care of garbage removal, mowing the lawn and providing security. Individuals who want the complete freedom to decorate or customize their property may find it better to buy a house as they won't be subject to association rules.
Apartments may be an ideal solution for those who don't want to be responsible for maintaining their unit. In some cases, an apartment complex will have a pool, dog park or other amenities similar to those that come when buying a condo. However, those who rent an apartment are subject to any policies implemented by their landlords. This could mean that a renter can't have a pet in the apartment or paint the walls a different color.
Individuals who want as much freedom as possible to customize their living spaces may want to invest in residential property. An attorney may be able to help a person close on a transaction in a timely manner. A buyer's real estate agent may work with the seller's agent to resolve any problems related to closing the sale. It can take anywhere from several hours to several weeks to complete a home sale.