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Now that the school year 2012-2013, parents are pulling double duty in helping their kids not just in choosing the right course and college, but also the finding a place to live in, especially if their kid has zeroed in on a school that’s far from their house. Renting a dorm room if often the option that college students go for, but these days, residing in a condo is also becoming a clear possibility, especially with numerous condominium developments appearing left and right.
Some people claim that living in a condo is an ideal set-up, while others think that condo living is not all it’s cracked up to be. If you think that your college kid would benefit more if you buy a condo for sale, consider these factors first before making your final decision.
· Expense – A single condo unit will cost you quite a bit, and it doesn’t end when you pay the actual cost of the property. Even though your kid will only be using the condo during his 4 or 5 years of college, you will have to pay various costs on the property, such as home insurance, property taxes and association dues. Then again, the condo can easily be a smart investment; you can either put it up for sale or offer it for rent once your kid has graduated.
· Privacy – Because of the seclusion that living in a condo offers, it would be easy for your child to grab some quiet study time, especially during the week of their exams. On the other hand, life in a condo may prove to be too quiet or lonely for college students who prefer a lively setting.
· Security – You will sleep soundly at night knowing that your child is safe, since condos these days have not only guards that look after them day and night, but also surveillance cameras to monitor the complex. However, condos don’t really have curfews for residents and guests (unlike dorms), so you should expect that people will be coming and going at various times of the day and the night.
· Distance from important businesses – Is the condominium located very close to 24-hour convenience stores and other important establishments? If your kid will be staying up until morning studying, you will expect him to frequent these places, and this can be tricky if the condo is really far and he doesn’t have a car. If the condo is too close to these places, however, the constant traffic jams and noise will become a problem over time.
As a parent, you may want to keep your child at home for as long as possible, but you have to face the fact that part of getting them ready to join the workforce is to teach them to be independent. You can have them live in a student dorm or buy them a condo; either way, you have to ensure that their living quarters will not compromise their safety, studies and personal growth.
Staying Safe in Your Apartment
If you’re still in the process of looking for an apartment, make security one of your priorities, and be sure to let the landlord know any safety issues you may have about his apartment. While renting a unit, don’t be a victim to anyone; always pay attention to the things that you’re doing and keep an eye out for anything and anyone shady around your apartment.Relocating With Your Children
Taking these suggestions to heart will help make sure that they won’t dread moving away and will look forward to it instead.Assessing a Buyer’s Purchase Offer
Homeowners who put their houses up for sale before know all too well that you shouldn’t expect to get exactly the amount that you put on your property. With this in mind, some sellers might settle for a buyer’s offer even if it’s less than what they want, particularly if their home has been in the market for a long time.