When you begin to search for the perfect home, it's important to understand the differences, benefits and downfalls of each Real Estate type. Condominiums, also known as "Condos", are a popular choice in densely populated areas. 

WHAT IS A CONDO?

A condominium is a private residence that generally a divisable space within a certain parcel of land. A condo is typically located in a residential building or community, but the unit itself is privately owned by an individual who becomes the owner and landlord of that property.