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There are various benefits to be had from owning a Condo, New York City rather than a traditional house. Caring for the exterior of the property, disposal of trash and getting rid of snow is something that you will not have to worry about.

Sep 14, 2008
However in order to have these services carried out one is expected to pay a small fee on a monthly or yearly basis. But although you need to make your association fees each year you haven't got to worry about calling in contractors to do the work yourself as this is all done through the company employed to maintain the external features of the property.

There are going to be certain rules and regulations as a condo owner which you will need to adhere to as do the rest in who own condo's in the same property as you. But because of this everything will be kept in a neat and tidy fashion and only pertain to those that are outside of your property.

But sometimes there may be certain regulations that need to be adhered to with regards to carrying out any works in your own condo as well. If for example you are choosing to have wooden flooring laid you first need to find out whether you need to lay some insulating flooring beforehand. The problem with wooden flooring is that if it has not been properly sound proofed as you walk across it the sound will carry through to flat below.

Also if you are intending to make any changes of a major nature within the condo then you need to check not only with the building association but also the local building authority if this can be done. If you don't then you may well find yourself having to get all the work taken down and converting the property back to the original condition it was in.

Before you purchase a condo in New York City or any other city for that matter check through the rules and regulations they have concerning upkeep and maintenance of properties. Generally the set of regulations they have are standard but some associations may have more specific ones as well.

Although you may find that leaving in a Condo New York City is going to be fun don't take for granted that as well as paying your mortgage each month you are going to have cover the associations up keep costs as well. Depending on the size of the property and where located these costs for up keeping a property can vary widely from only a few dollars each month to hundreds.
About the Author
New York City has the highest cost condos, so make sure you check out New York Condominiums, and Condos New York City
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