What Is a Site Condo? A House-Condo Combo Many Buyers Adore MABA Massachusetts RealEstate FirstTimeHomeBuyers

In your search for a new home, you may have seen the term “site condo” in listings. Unlike regular condos, which are typically apartments or townhomes attached to at least a few other units, a site condo looks like a freestanding single-family house; it even has its own yard. Nonetheless, a site condo is located in a condo community with all the benefits (and restrictions) of condo living, explains Realtor® and blogger Norm Werner.

Here’s how to tell if a site condo is right for you.

Characteristics of a site condo

There are five criteria that must be met in order for the units in the complex to be considered site condos, according to the U.S. Department of Housing and Urban Development……………..

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FIRST TIME HOMEBUYERS