Orange County Condos

Condos are one of the smartest ways to purchase real estate in Orange County. For those who are looking for a starter home, or a less expensive property, condos will typically save you hundreds of thousands. …Read More about OC Condos below

Condos are also part of an association that have special perks, those perks often times will include a swimming pool, tennis courts, clubhouse, fitness center, community center, park, barbecue areas, volleyball, hot tubs, and so much more. Many of the condos in Orange County are full of other extra perks, which include in-house washer and dryer, granite counter tops, high end modern appliances, walk in closets, and much more. Some of the condos available are short sales.  With short sales, you should be able to find prices for under the market value.  There are also several foreclosed condos in Orange County.  This generally means that the previous owner of the condo or townhouse was not able to make their payments and their place was taken. If you are looking to invest in multi-unit housing in Orange County, price starts in the 200s and peaks at $15 million.  When looking to purchase an apartment complex or multiplex, it is important to see what rent brings in and what expenses there are such as general maintenance or a swimming pool.  Make sure you are satisfied with those values before making commitments.  Also, it is important to know how you are going to manage the property.  With more units, it may be a good idea to hire a property manager.  Otherwise you may decide to manage the property yourself.  If you decide to have a property manager take care of your units, make sure they are licensed.  The only way a license would not be required to manage the property is if you do it yourself. For first time buyers, Orange County duplexes are a great investment.  They are not usually too expensive and the owner can occupy one unit while renting out to the other to help pay the mortgage.