According to lender FreddieMac, “Homeownership plays a vital role in helping to build strong, stable communities. In addition to it bolstering your community’s treasury through taxes, research shows the many social benefits it provides, including increased volunteerism, improved health, and less crime.”
June is National Homeownership Month
June was named National Homeownership Month in 2002 by President George W. Bush with the goal of helping more families achieve the American dream.
The COVID-19 pandemic means millions of people are working from home, and for many companies that switch has become permanent. As a result, people are thinking more about where they live and the type of house they live in.
For most condos, the HOA will take care of maintenance and upkeep issues outside the unit’s walls. However within the unit itself, the responsibility falls to the condo owner, making condo inspections a vital part of the unit-buying process.