Condos are known to cost less than single-family homes, require little maintenance, and feature amenities like gyms and security. These are what make them particularly appealing to the younger market and ideal for first-time
Buying a condo is considered a home purchase, so the same basic evaluation
conducted when buying a single-family home will apply. The lender will take a
look at an applicant’s credit reports, tax returns, debts, investments, and assets to dete...