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Should I buy this house or look for another house?

I am leasing the house I am living in. It's in one of the best areas. It needs alot of work but the dirt it sits on is great and I know I can make a return on whatever I pay BUT:

1. It needs another story. The house is too small.
2. A condo building was built right next door and 12 windows have a great view of my house.
3. The new kitchen and baths have been rewired but the rest of the house needs reinsulated and rewired.
4. The backyard is a nighmare with trees that need to come down and geesh, I don't know...its a damn mess.
5. I don't have loads of time...in fact all I have is time and expertise, but not in remodelling or house repairs

Any advice??

I have lots of friends that enjoy the DIY I myself don't. If you feel there is too much work to do I would consider that.
Also, even if it's in a good location the condo thing will effect resale maybe you could plant some big trees.
But if it's too small and needs an entire story it sounds like maybe there too much your unhappy with.
I say move on...............................................Good luck

Apartment to a Condo: Tips for Success

So you want to leave apartment life behind and move into a condo? If this sounds like you, you have probably done all of your homework. You know the benefits of moving to a condo as well as what you will be leaving behind. But with that being said, you may want to learn a bit more about condo living before you make the final leap. After all, anytime that you change the way that you live it is a big decision. You need to make sure that your move to a condo is the right one.

For those who want to move from an apartment to a condo, here are three tips for success.

1. The most important thing that you can do is make sure that you look at more than one condo before you buy. Condo developments are on the rise, and you will want to make sure that you move into a complex that is going to suit your needs. Make sure you check and see how much the HOA fees are a month and what all is included in the HOA fees.  Some HOA's include some to the utility bills! The only way to ensure yourself of this is to check out several units, and then decide on what is best from there.

2. Set a budget for your move, and then stick with it. Not only do you want to have a budget for the actual cost of the condo, but you will want to do the same when you are furnishing your unit. When most people move they decide they want new furniture to go with the new house.  That is great but you should never spend more money than you have, and by setting a budget you should be able to avoid this problem without any issues arising.  Money does not grow on trees and you still have to have money to pay the bills.  It is very important that you do not become house poor.  Be house comfortable.

3. Not all condos are created the same. Make a list of what you would like to see in your new condo, and then search for units that meet this criteria. This could include things such as parking spots, a swimming pool, or basic amenities.  Some condos have a contempary looks while others have the more modern look.  Some condos even use the orginial structure and you get to see lots of chartacter. The fact of the matter is that you should get what you want when you move into a condo. When you have a checklist of features and amenities it will make it much easier on you.  Condo living is not for all people so you need to find what you want and what will make you enjoy your new home to its fullest.

These three tips should allow you to move from your apartment to a condo with a high level of success. The most important thing to remember is that rushing is not going to get you anywhere. You should follow the three tips above while taking your time all the while. This will allow you to get the most out of your condo buying experience.

Remember that Nu Home Source Realty gives a 20% rebate to our clients who use our services.  Please see the website for all the details.

About the Author:

Mike & Ashlee Pannell
Nu Home Source Realty LLC

Article Source: ArticlesBase.com - Apartment to a Condo: Tips for Success