Buying a condo vs buying a single family home may seem like an odd comparison. But there’s plenty of comparisons that can be made, from what you’d be buying to the application process. So what exactly are the differences? And should you buy a condo vs. a single family home? Read on below. What’s a condo? A condominium, or “condo” for short, is a privately owned individual unit within a community of units. The owner of a unit typically owns the interior of that unit and some exterior elements. Common & shared areas such as pools, garages, gyms, hallways, etc. are owned collectively by the condo owners. Condos can be found in high-rises, apartment-style complexes and even (surprisingly to most) […]